This page reflects DD 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 — DD
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $55.00 (75.69 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$5.50
±4.2%
Days to Expiry
11
Calendar days
Total Call OI
5,094
Nearest expiry
Total Put OI
745
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$130.69
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, 11:09:44 PM
2026-09-18
$50.00
9/18/2026, 11:11:09 PM
2026-10-16NextUpdated
$55.00
10/5/2026, 11:10:44 PM
2026-11-20
$130.00
10/5/2026, 11:10:44 PM
2026-12-18
$57.50
10/5/2026, 11:10:44 PM
2027-01-15
$67.50
10/5/2026, 11:10:44 PM
2027-03-19
$120.00
10/5/2026, 11:10:44 PM
2027-04-16
$120.00
10/5/2026, 11:10:44 PM
2027-06-17
$110.00
10/5/2026, 11:10:44 PM
2027-09-17
$70.00
10/5/2026, 11:10:44 PM
Selected expiration: 2026-10-16 at max pain $55.00.
DD pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
3735000
3735000
30
0
3362500
3362500
32.5
0
3176750
3176750
35
0
2998750
2998750
37.5
0
2821500
2821500
40
0
2707500
2707500
42.5
250
2600500
2600750
45
500
2494000
2494500
47.5
3250
2399000
2402250
50
14250
2314000
2328250
52.5
40250
2229750
2270000
55
71500
2145500
2217000
57.5
181750
2063500
2245250
60
352000
1981500
2333500
65
701000
1817500
2518500
70
1053500
1653500
2707000
75
1406000
1491000
2897000
95
2816000
843000
3659000
100
3168500
681000
3849500
105
3523000
519500
4042500
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.