This page reflects EE 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 — EE
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $35.00 (2.46 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$1.30
±4.0%
Days to Expiry
14
Calendar days
Total Call OI
84
Nearest expiry
Total Put OI
67
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$32.54
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
$30.00
8/21/2026, 11:11:34 PM
2026-09-18
$35.00
9/18/2026, 11:13:19 PM
2026-10-16NextUpdated
$35.00
10/2/2026, 11:12:33 PM
2026-11-20
$35.00
10/2/2026, 11:12:33 PM
2027-02-19
$30.00
10/2/2026, 11:12:33 PM
Selected expiration: 2026-10-16 at max pain $35.00.
EE pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
103500
103500
21
100
96500
96600
23
1500
82500
84000
29
6300
40500
46800
31
8300
27100
35400
32
9400
20400
29800
33
10700
13700
24400
34
12000
7200
19200
35
14000
1400
15400
37
18000
1000
19000
41
26400
200
26600
42
31800
0
31800
45
48000
0
48000
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.