This page reflects EG 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 — EG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $380.00 (11.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$380.00
Nearest expiry
Expected Move
±$11.85
±3.2%
Days to Expiry
14
Calendar days
Total Call OI
1,534
Nearest expiry
Total Put OI
306
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$368.27
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
$360.00
8/21/2026, 11:09:47 PM
2026-09-18
$370.00
9/18/2026, 11:11:38 PM
2026-10-16NextUpdated
$380.00
10/2/2026, 11:08:11 PM
2026-11-20
$380.00
10/2/2026, 11:08:11 PM
2027-01-15
$350.00
10/2/2026, 11:08:11 PM
2027-04-16
$390.00
10/2/2026, 11:08:11 PM
2027-05-21
$320.00
10/2/2026, 11:08:11 PM
Selected expiration: 2026-10-16 at max pain $380.00.
EG pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
210
0
4242000
4242000
220
0
3938000
3938000
230
0
3640000
3640000
240
0
3345000
3345000
250
2000
3051000
3053000
260
4000
2762000
2766000
270
6000
2474000
2480000
280
9000
2187000
2196000
290
13000
1907000
1920000
300
17000
1630000
1647000
310
22000
1358000
1380000
320
29000
1134000
1163000
330
38000
910000
948000
340
47000
706000
753000
350
59000
517000
576000
360
79000
337000
416000
370
114000
166000
280000
380
160000
10000
170000
390
257000
6000
263000
400
501000
5000
506000
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.