This page reflects EQX 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 — EQX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $12.50 (1.39 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$12.50
Nearest expiry
Expected Move
±$1.28
±11.5%
Days to Expiry
14
Calendar days
Total Call OI
34,084
Nearest expiry
Total Put OI
20,278
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$11.11
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
$10.00
8/21/2026, 11:12:15 PM
2026-09-18
$12.50
9/18/2026, 11:12:43 PM
2026-10-16NextUpdated
$12.50
10/2/2026, 11:11:13 PM
2026-11-20
$10.00
10/2/2026, 11:11:13 PM
2027-01-15
$10.00
10/2/2026, 11:11:13 PM
2027-04-16
$10.00
10/2/2026, 11:11:13 PM
Selected expiration: 2026-10-16 at max pain $12.50.
EQX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
17511750
17511750
5
101000
12442250
12543250
7.5
214500
7373250
7587750
10
500250
2638500
3138750
12.5
2665000
423000
3088000
15
6167500
38000
6205500
17.5
13610250
0
13610250
20
21322750
0
21322750
22.5
29510500
0
29510500
25
37901500
0
37901500
30
54926000
0
54926000
35
71950500
0
71950500
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.