This page reflects DLO 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 — DLO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $14.00 (0.26 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$0.83
±6.0%
Days to Expiry
14
Calendar days
Total Call OI
11,422
Nearest expiry
Total Put OI
1,567
Nearest expiry
P/C OI Ratio
0.14
Put-heavy
Spot Price
$13.74
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
$14.00
8/21/2026, 11:11:17 PM
2026-09-18
$15.00
9/18/2026, 11:11:22 PM
2026-10-16NextUpdated
$14.00
10/2/2026, 11:11:50 PM
2026-11-20
$13.00
10/2/2026, 11:11:50 PM
2026-12-18
$13.00
10/2/2026, 11:11:50 PM
2027-01-15
$7.00
10/2/2026, 11:11:50 PM
2027-02-19
$15.00
10/2/2026, 11:11:50 PM
2027-05-21
$11.00
10/2/2026, 11:11:50 PM
Selected expiration: 2026-10-16 at max pain $14.00.
DLO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
6
0
1231900
1231900
8
0
919100
919100
9
100
763000
763100
10
200
606900
607100
11
500
452300
452800
12
800
297700
298500
13
3200
145700
148900
14
8300
18500
26800
15
62900
200
63100
16
269800
0
269800
17
714100
0
714100
18
1625800
0
1625800
19
2599200
0
2599200
20
3735100
0
3735100
25
9446100
0
9446100
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.