This page reflects EXPE 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 — EXPE
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $272.50 (7.50 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$272.50
Nearest expiry
Expected Move
±$13.20
±5.0%
Days to Expiry
7
Calendar days
Total Call OI
328
Nearest expiry
Total Put OI
477
Nearest expiry
P/C OI Ratio
1.45
Put-heavy
Spot Price
$265.00
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
$272.50
9/25/2026, 11:12:16 PM
2026-10-02Updated
$265.00
10/2/2026, 11:11:15 PM
2026-10-09Next
$272.50
10/2/2026, 11:11:15 PM
2026-10-16
$275.00
10/2/2026, 11:11:15 PM
2026-10-23
$280.00
10/2/2026, 11:11:15 PM
2026-10-30
$265.00
10/2/2026, 11:11:15 PM
2026-11-06
$270.00
10/2/2026, 11:11:15 PM
2026-11-20
$270.00
10/2/2026, 11:11:15 PM
2026-12-18
$220.00
10/2/2026, 11:11:15 PM
2027-01-15
$250.00
10/2/2026, 11:11:15 PM
2027-03-19
$260.00
10/2/2026, 11:11:15 PM
2027-04-16
$270.00
10/2/2026, 11:11:15 PM
2027-06-17
$250.00
10/2/2026, 11:11:15 PM
2027-09-17
$270.00
10/2/2026, 11:11:15 PM
Selected expiration: 2026-10-09 at max pain $272.50.
EXPE pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
175
0
6312000
6312000
210
3500
3512000
3515500
215
4500
3112000
3116500
220
6000
2712000
2718000
225
7500
2314000
2321500
230
9000
1917000
1926000
232.5
9750
1721250
1731000
235
10500
1526000
1536500
240
12000
1138500
1150500
242.5
12750
965000
977750
245
13500
791750
805250
247.5
14250
670500
684750
250
15000
555000
570000
252.5
17750
447500
465250
255
20500
340500
361000
257.5
25000
277000
302000
260
29500
217250
246750
262.5
37750
172750
210500
265
47250
136250
183500
267.5
60750
106500
167250
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.