This page reflects EQT 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 — EQT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $51.00 (0.83 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$51.00
Nearest expiry
Expected Move
±$1.56
±3.1%
Days to Expiry
7
Calendar days
Total Call OI
2,704
Nearest expiry
Total Put OI
19,529
Nearest expiry
P/C OI Ratio
7.22
Put-heavy
Spot Price
$50.17
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
$50.00
9/25/2026, 11:12:08 PM
2026-10-02Updated
$49.00
10/2/2026, 11:11:54 PM
2026-10-09Next
$51.00
10/2/2026, 11:11:54 PM
2026-10-16
$51.00
10/2/2026, 11:11:54 PM
2026-10-23
$51.00
10/2/2026, 11:11:54 PM
2026-10-30
$52.00
10/2/2026, 11:11:54 PM
2026-11-06
$52.00
10/2/2026, 11:11:54 PM
2026-11-20
$52.50
10/2/2026, 11:11:54 PM
2026-12-18
$55.00
10/2/2026, 11:11:54 PM
2027-01-15
$52.50
10/2/2026, 11:11:54 PM
2027-03-19
$55.00
10/2/2026, 11:11:54 PM
2027-06-17
$55.00
10/2/2026, 11:11:54 PM
2027-09-17
$60.00
10/2/2026, 11:11:54 PM
Selected expiration: 2026-10-09 at max pain $51.00.
EQT pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
42
0
15649700
15649700
43
0
13696900
13696900
44
0
11744600
11744600
45
0
9793900
9793900
46
200
7845700
7845900
47
400
5899200
5899600
47.5
500
4928850
4929350
48
600
3959600
3960200
48.5
700
3001100
3001800
49
850
2044250
2045100
49.5
1000
1109850
1110850
50
3700
175800
179500
51
67000
100000
167000
52
166800
48800
215600
53
296700
19200
315900
54
505600
1500
507100
55
726000
0
726000
56
958000
0
958000
57
1197600
0
1197600
58
1447500
0
1447500
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.