This page reflects EH 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 — EH
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $6.00 (1.86 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.45
±10.9%
Days to Expiry
14
Calendar days
Total Call OI
20,298
Nearest expiry
Total Put OI
8,830
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$4.14
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
$6.00
8/21/2026, 11:13:17 PM
2026-09-18
$5.00
9/18/2026, 11:12:25 PM
2026-10-16NextUpdated
$6.00
10/2/2026, 11:11:40 PM
2026-11-20
$6.00
10/2/2026, 11:11:40 PM
2027-01-15
$6.00
10/2/2026, 11:11:40 PM
2027-04-16
$4.00
10/2/2026, 11:11:40 PM
Selected expiration: 2026-10-16 at max pain $6.00.
EH pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
2745600
2745600
3
500
1862600
1863100
4
1900
980100
982000
5
4400
139700
144100
6
38600
73500
112100
7
90700
43400
134100
8
338600
31700
370300
9
611500
20000
631500
10
884400
10900
895300
11
1513200
4200
1517400
12
3493900
600
3494500
13
5474600
400
5475000
14
7455300
200
7455500
15
9436000
100
9436100
16
11416700
0
11416700
17
13399100
0
13399100
18
15384300
0
15384300
19
17369500
0
17369500
20
19379400
0
19379400
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.