This page reflects DYN 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 — DYN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $17.50 (2.30 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.50
Nearest expiry
Expected Move
±$1.15
±7.6%
Days to Expiry
14
Calendar days
Total Call OI
1,694
Nearest expiry
Total Put OI
395
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$15.20
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
$23.00
8/21/2026, 11:13:34 PM
2026-09-18
$18.00
9/18/2026, 11:11:07 PM
2026-10-16NextUpdated
$17.50
10/2/2026, 11:09:09 PM
2026-11-20
$17.00
10/2/2026, 11:09:09 PM
2026-12-18
$22.50
10/2/2026, 11:09:09 PM
2027-01-15
$20.00
10/2/2026, 11:09:09 PM
2027-03-19
$10.00
10/2/2026, 11:09:09 PM
Selected expiration: 2026-10-16 at max pain $17.50.
DYN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
598600
598600
10
2250
302350
304600
15
3750
104850
108600
17.5
8000
45600
53600
19
83600
37200
120800
20
141600
31600
173200
21
216200
26700
242900
22.5
328250
19350
347600
24
554900
12900
567800
25
706000
8600
714600
26
858700
4300
863000
27
1012400
0
1012400
29
1321200
0
1321200
30
1483700
0
1483700
32
1814500
0
1814500
35
2322700
0
2322700
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.