This page reflects EAF 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 — EAF
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $10.00 (0.56 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.55
±16.4%
Days to Expiry
14
Calendar days
Total Call OI
852
Nearest expiry
Total Put OI
936
Nearest expiry
P/C OI Ratio
1.10
Put-heavy
Spot Price
$9.44
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
$8.00
8/21/2026, 11:11:21 PM
2026-09-18
$8.00
9/18/2026, 11:10:46 PM
2026-10-16NextUpdated
$10.00
10/2/2026, 11:11:24 PM
2026-11-20
$10.00
10/2/2026, 11:11:24 PM
2027-01-15
$6.00
10/2/2026, 11:11:24 PM
2027-04-16
$2.00
10/2/2026, 11:11:24 PM
Selected expiration: 2026-10-16 at max pain $10.00.
EAF pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
708400
708400
2
0
614800
614800
3
0
521200
521200
4
0
427900
427900
5
2200
334800
337000
6
6700
253000
259700
7
19300
176000
195300
8
38600
110900
149500
9
62300
61800
124100
10
98100
20100
118200
11
147900
1900
149800
12
205600
600
206200
13
314000
0
314000
15
535400
0
535400
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.