This page reflects EQPT 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 — EQPT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $20.00 (1.50 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$2.42
±13.1%
Days to Expiry
14
Calendar days
Total Call OI
18,018
Nearest expiry
Total Put OI
7,728
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$18.50
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
$17.50
8/21/2026, 11:12:04 PM
2026-09-18
$20.00
9/18/2026, 11:11:42 PM
2026-10-16NextUpdated
$20.00
10/2/2026, 11:11:47 PM
2026-11-20
$17.50
10/2/2026, 11:11:47 PM
2027-01-15
$15.00
10/2/2026, 11:11:47 PM
2027-04-16
$17.50
10/2/2026, 11:11:47 PM
Selected expiration: 2026-10-16 at max pain $20.00.
EQPT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
10864000
10864000
7.5
0
7002000
7002000
10
500
5071000
5071500
12.5
1750
3140000
3141750
15
15500
1281750
1297250
17.5
57500
451250
508750
20
385000
19250
404250
22.5
2275750
12250
2288000
25
5864500
7000
5871500
30
14573500
3000
14576500
35
23476000
0
23476000
40
32393000
0
32393000
45
41310000
0
41310000
50
50243500
0
50243500
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.