This page reflects EMBJ 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 — EMBJ
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $75.00 (0.21 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$5.08
±6.8%
Days to Expiry
14
Calendar days
Total Call OI
5,528
Nearest expiry
Total Put OI
4,983
Nearest expiry
P/C OI Ratio
0.90
Put-heavy
Spot Price
$75.21
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
$70.00
8/21/2026, 11:11:43 PM
2026-09-18
$75.00
9/18/2026, 11:12:19 PM
2026-10-16NextUpdated
$75.00
10/2/2026, 11:09:21 PM
2026-11-20
$65.00
10/2/2026, 11:09:21 PM
2027-01-15
$55.00
10/2/2026, 11:09:21 PM
2027-04-16
$75.00
10/2/2026, 11:09:21 PM
Selected expiration: 2026-10-16 at max pain $75.00.
EMBJ pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
17810500
17810500
40
0
15323000
15323000
45
0
12837500
12837500
50
7500
10359500
10367000
55
26500
7910500
7937000
60
57000
5489000
5546000
65
206000
3223500
3429500
70
438000
1410000
1848000
75
919000
320000
1239000
80
1957500
4500
1962000
85
3666500
500
3667000
90
6153500
0
6153500
95
8801000
0
8801000
100
11559500
0
11559500
105
14323000
0
14323000
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.