This page reflects DHR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — DHR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $220.00 (5.94 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$220.00
Nearest expiry
Expected Move
±$6.88
±3.2%
Days to Expiry
7
Calendar days
Total Call OI
802
Nearest expiry
Total Put OI
1,045
Nearest expiry
P/C OI Ratio
1.30
Put-heavy
Spot Price
$214.06
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$212.50
9/25/2026, 11:12:17 PM
2026-10-02Updated
$217.50
10/2/2026, 11:11:02 PM
2026-10-09Next
$220.00
10/2/2026, 11:11:02 PM
2026-10-16
$210.00
10/2/2026, 11:11:02 PM
2026-10-23
$225.00
10/2/2026, 11:11:02 PM
2026-10-30
$205.00
10/2/2026, 11:11:02 PM
2026-11-06
$225.00
10/2/2026, 11:11:02 PM
2026-11-20
$210.00
10/2/2026, 11:11:02 PM
2026-12-18
$195.00
10/2/2026, 11:11:02 PM
2027-01-15
$210.00
10/2/2026, 11:11:02 PM
2027-03-19
$195.00
10/2/2026, 11:11:02 PM
2027-06-17
$200.00
10/2/2026, 11:11:02 PM
2027-09-17
$220.00
10/2/2026, 11:11:02 PM
Selected expiration: 2026-10-09 at max pain $220.00.
DHR pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
170
0
4586500
4586500
180
0
3544500
3544500
185
1000
3026500
3027500
190
2000
2518000
2520000
192.5
2500
2264500
2267000
195
3000
2011250
2014250
197.5
3500
1759250
1762750
200
4000
1507750
1511750
202.5
7500
1258500
1266000
205
11000
1010000
1021000
207.5
17750
769750
787500
210
24500
538250
562750
212.5
43750
313250
357000
215
63500
146000
209500
217.5
106750
57750
164500
220
152000
20500
172500
222.5
213750
10250
224000
225
280000
2000
282000
227.5
385000
0
385000
230
501000
0
501000
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.