This page reflects DAR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — DAR
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $57.50 (5.20 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$57.50
Nearest expiry
Expected Move
±$3.67
±5.9%
Days to Expiry
11
Calendar days
Total Call OI
10,652
Nearest expiry
Total Put OI
1,831
Nearest expiry
P/C OI Ratio
0.17
Put-heavy
Spot Price
$62.70
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$55.00
8/21/2026, 11:09:31 PM
2026-09-18
$62.50
9/18/2026, 11:11:25 PM
2026-10-16NextUpdated
$57.50
10/5/2026, 11:11:55 PM
2026-11-20
$57.50
10/5/2026, 11:11:55 PM
2027-01-15
$55.00
10/5/2026, 11:11:55 PM
2027-04-16
$65.00
10/5/2026, 11:11:55 PM
Selected expiration: 2026-10-16 at max pain $57.50.
DAR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
27.5
0
5705500
5705500
30
0
5247750
5247750
35
1500
4332250
4333750
37.5
3000
3874500
3877500
40
4750
3416750
3421500
42.5
8000
2959000
2967000
45
13250
2501250
2514500
47.5
23500
2052500
2076000
50
40000
1613750
1653750
52.5
84500
1212750
1297250
55
143000
868500
1011500
57.5
241000
554750
795750
60
460000
349500
809500
62.5
916750
173250
1090000
65
2140000
107500
2247500
67.5
3565000
50750
3615750
70
5494000
250
5494250
72.5
7774000
0
7774000
75
10085500
0
10085500
80
15016000
0
15016000
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.