This page reflects ELF 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 — ELF
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $101.00 (3.68 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$101.00
Nearest expiry
Expected Move
±$5.45
±5.2%
Days to Expiry
7
Calendar days
Total Call OI
1,888
Nearest expiry
Total Put OI
878
Nearest expiry
P/C OI Ratio
0.47
Put-heavy
Spot Price
$104.68
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$95.00
9/25/2026, 11:12:40 PM
2026-10-02Updated
$99.00
10/2/2026, 11:11:10 PM
2026-10-09Next
$101.00
10/2/2026, 11:11:10 PM
2026-10-16
$100.00
10/2/2026, 11:11:10 PM
2026-10-23
$102.00
10/2/2026, 11:11:10 PM
2026-10-30
$96.00
10/2/2026, 11:11:10 PM
2026-11-06
$90.00
10/2/2026, 11:11:10 PM
2026-11-20
$70.00
10/2/2026, 11:11:10 PM
2026-12-18
$85.00
10/2/2026, 11:11:10 PM
2027-01-15
$75.00
10/2/2026, 11:11:10 PM
2027-02-19
$100.00
10/2/2026, 11:11:10 PM
2027-05-21
$90.00
10/2/2026, 11:11:10 PM
Selected expiration: 2026-10-09 at max pain $101.00.
ELF pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
3191100
3191100
65
3500
2705600
2709100
70
10500
2221600
2232100
75
19000
1737600
1756600
80
27500
1256600
1284100
81
29200
1179200
1208400
82
31900
1101800
1133700
83
35600
1024400
1060000
84
39300
947200
986500
85
43200
870000
913200
86
47100
796700
843800
87
51000
724700
775700
88
55000
653300
708300
89
59000
582900
641900
90
63000
513300
576300
91
67100
452800
519900
92
71200
393600
464800
93
75900
339500
415400
94
81500
288900
370400
95
87600
240700
328300
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.