This page reflects DT 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 — DT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $55.00 (4.32 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
±$3.92
±6.6%
Days to Expiry
14
Calendar days
Total Call OI
9,110
Nearest expiry
Total Put OI
8,401
Nearest expiry
P/C OI Ratio
0.92
Put-heavy
Spot Price
$59.32
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
$42.50
8/21/2026, 11:13:21 PM
2026-09-18
$52.50
9/18/2026, 11:12:19 PM
2026-10-16NextUpdated
$55.00
10/2/2026, 11:09:49 PM
2026-11-20
$45.00
10/2/2026, 11:09:49 PM
2027-01-15
$35.00
10/2/2026, 11:09:49 PM
2027-02-19
$60.00
10/2/2026, 11:09:49 PM
2027-05-21
$47.50
10/2/2026, 11:09:49 PM
Selected expiration: 2026-10-16 at max pain $55.00.
DT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
11156750
11156750
37.5
0
9056750
9056750
40
500
6956750
6957250
42.5
1000
4857000
4858000
45
24000
2757750
2781750
47.5
73500
1524500
1598000
50
123750
388750
512500
52.5
190250
248000
438250
55
273500
123500
397000
57.5
533500
25250
558750
60
842000
8750
850750
62.5
1468250
0
1468250
65
2678000
0
2678000
70
6242500
0
6242500
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.