This page reflects ETON 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 — ETON
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $55.00 (0.36 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$6.42
±11.6%
Days to Expiry
14
Calendar days
Total Call OI
704
Nearest expiry
Total Put OI
576
Nearest expiry
P/C OI Ratio
0.82
Put-heavy
Spot Price
$55.36
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
$35.00
8/21/2026, 11:13:29 PM
2026-09-18
$55.00
9/18/2026, 11:10:50 PM
2026-10-16NextUpdated
$55.00
10/2/2026, 11:12:04 PM
2026-11-20
$45.00
10/2/2026, 11:12:04 PM
2027-02-19
$45.00
10/2/2026, 11:12:04 PM
2027-05-21
$55.00
10/2/2026, 11:12:04 PM
Selected expiration: 2026-10-16 at max pain $55.00.
ETON pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
1691500
1691500
40
5000
1257500
1262500
45
13500
826000
839500
50
25500
410500
436000
55
125500
9000
134500
60
286000
3000
289000
65
591000
1500
592500
70
926500
500
927000
75
1289500
0
1289500
90
2380000
0
2380000
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.