This page reflects DK 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 — DK
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $72.50 (1.69 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$72.50
Nearest expiry
Expected Move
±$8.30
±11.2%
Days to Expiry
14
Calendar days
Total Call OI
9,200
Nearest expiry
Total Put OI
5,114
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$74.19
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
$60.00
8/21/2026, 11:10:36 PM
2026-09-18
$70.00
9/18/2026, 11:11:28 PM
2026-10-16NextUpdated
$72.50
10/2/2026, 11:09:44 PM
2026-11-20
$75.00
10/2/2026, 11:09:44 PM
2026-12-18
$67.50
10/2/2026, 11:09:44 PM
2027-01-15
$55.00
10/2/2026, 11:09:44 PM
2027-03-19
$70.00
10/2/2026, 11:09:44 PM
2027-04-16
$67.50
10/2/2026, 11:09:44 PM
2027-05-21
$70.00
10/2/2026, 11:09:44 PM
2027-08-20
$65.00
10/2/2026, 11:09:44 PM
Selected expiration: 2026-10-16 at max pain $72.50.
DK pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
17.5
0
23297500
23297500
20
0
22019250
22019250
22.5
0
20741250
20741250
25
0
19463250
19463250
27.5
0
18185250
18185250
30
250
16907250
16907500
32.5
8500
15630250
15638750
35
16750
14442500
14459250
37.5
25000
13255500
13280500
40
33500
12094250
12127750
42.5
52750
10934000
10986750
45
72000
9775250
9847250
47.5
106000
8617250
8723250
50
148750
7577750
7726500
52.5
216250
6540000
6756250
55
284500
5503250
5787750
57.5
357500
4478000
4835500
60
430750
3493250
3924000
62.5
634750
2544750
3179500
65
850500
1623000
2473500
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.