This page reflects ETSY 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 — ETSY
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $72.00 (0.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$72.00
Nearest expiry
Expected Move
±$3.67
±5.0%
Days to Expiry
7
Calendar days
Total Call OI
793
Nearest expiry
Total Put OI
709
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$72.77
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
$72.00
9/25/2026, 11:10:58 PM
2026-10-02Updated
$70.00
10/2/2026, 11:12:22 PM
2026-10-09Next
$72.00
10/2/2026, 11:12:22 PM
2026-10-16
$75.00
10/2/2026, 11:12:22 PM
2026-10-23
$76.00
10/2/2026, 11:12:22 PM
2026-10-30
$70.00
10/2/2026, 11:12:22 PM
2026-11-06
$70.00
10/2/2026, 11:12:22 PM
2026-11-20
$70.00
10/2/2026, 11:12:22 PM
2026-12-18
$45.00
10/2/2026, 11:12:22 PM
2027-01-15
$55.00
10/2/2026, 11:12:22 PM
2027-03-19
$60.00
10/2/2026, 11:12:22 PM
2027-06-17
$75.00
10/2/2026, 11:12:22 PM
2027-09-17
$70.00
10/2/2026, 11:12:22 PM
Selected expiration: 2026-10-09 at max pain $72.00.
ETSY pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
2040100
2040100
55
0
1420100
1420100
59
400
924500
924900
60
500
810000
810500
61
1900
699700
701600
62
4000
589700
593700
63
6100
483100
489200
64
8200
381600
389800
65
10300
283800
294100
66
12600
194000
206600
67
15000
151000
166000
68
17500
108200
125700
69
20100
70800
90900
70
26000
45900
71900
71
32800
34800
67600
72
46300
25500
71800
73
60700
17600
78300
74
79200
11500
90700
75
102300
7200
109500
76
139400
4300
143700
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.