This page reflects EFX 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 — EFX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $155.00 (15.00 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$155.00
Nearest expiry
Expected Move
±$9.43
±6.7%
Days to Expiry
14
Calendar days
Total Call OI
871
Nearest expiry
Total Put OI
2,160
Nearest expiry
P/C OI Ratio
2.48
Put-heavy
Spot Price
$140.00
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
$175.00
8/21/2026, 11:11:50 PM
2026-09-18
$180.00
9/18/2026, 11:11:20 PM
2026-10-16NextUpdated
$155.00
10/2/2026, 11:11:51 PM
2026-11-20
$165.00
10/2/2026, 11:11:51 PM
2026-12-18
$175.00
10/2/2026, 11:11:51 PM
2027-01-15
$180.00
10/2/2026, 11:11:51 PM
2027-04-16
$155.00
10/2/2026, 11:11:51 PM
Selected expiration: 2026-10-16 at max pain $155.00.
EFX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
8492000
8492000
105
0
7412500
7412500
110
0
6333500
6333500
115
0
5265000
5265000
120
0
4196500
4196500
125
0
3136500
3136500
130
0
2156000
2156000
135
10000
1250000
1260000
140
20000
367000
387000
145
40500
221500
262000
150
69500
105500
175000
155
109000
56500
165500
160
151500
34000
185500
165
246500
22500
269000
170
361000
12500
373500
175
501500
2500
504000
180
677500
0
677500
185
861500
0
861500
190
1055500
0
1055500
195
1256500
0
1256500
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.