This page reflects ETOR 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 — ETOR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $30.00 (4.58 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$1.80
±7.1%
Days to Expiry
14
Calendar days
Total Call OI
9,009
Nearest expiry
Total Put OI
1,865
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$25.42
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
$30.00
8/21/2026, 11:14:22 PM
2026-09-18
$30.00
9/18/2026, 11:12:34 PM
2026-10-16NextUpdated
$30.00
10/2/2026, 11:13:06 PM
2026-11-20
$30.00
10/2/2026, 11:13:06 PM
2026-12-18
$30.00
10/2/2026, 11:13:06 PM
2027-01-15
$35.00
10/2/2026, 11:13:06 PM
2027-02-19
$35.00
10/2/2026, 11:13:06 PM
2027-03-19
$30.00
10/2/2026, 11:13:06 PM
2027-04-16
$25.00
10/2/2026, 11:13:06 PM
Selected expiration: 2026-10-16 at max pain $30.00.
ETOR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
17.5
0
1661750
1661750
20
0
1196750
1196750
22.5
2750
732500
735250
25
5500
278000
283500
30
81000
54000
135000
35
387000
34500
421500
40
1629000
23000
1652000
45
4061000
11500
4072500
50
7230000
0
7230000
55
11169000
0
11169000
60
15671000
0
15671000
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.