This page reflects ENS 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 — ENS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $170.00 (26.30 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$170.00
Nearest expiry
Expected Move
±$6.00
±3.1%
Days to Expiry
14
Calendar days
Total Call OI
262
Nearest expiry
Total Put OI
93
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$196.30
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
$190.00
8/21/2026, 11:12:06 PM
2026-09-18
$200.00
9/18/2026, 11:11:29 PM
2026-10-16NextUpdated
$170.00
10/2/2026, 11:10:52 PM
2026-11-20
$175.00
10/2/2026, 11:10:52 PM
2026-12-18
$175.00
10/2/2026, 11:10:52 PM
2027-03-19
$160.00
10/2/2026, 11:10:52 PM
Selected expiration: 2026-10-16 at max pain $170.00.
ENS pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
145
0
217500
217500
150
0
173000
173000
155
0
129000
129000
160
0
91500
91500
165
3500
57000
60500
170
7000
29000
36000
175
21500
15000
36500
180
39500
8000
47500
185
66000
3500
69500
190
115000
0
115000
195
168500
0
168500
200
258500
0
258500
210
460500
0
460500
220
678500
0
678500
230
907500
0
907500
250
1399500
0
1399500
290
2447500
0
2447500
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.