thetaOwl

FDS

FactSet Research Systems Inc.Close $266.00EOD only
Max Pain
$260.00
Next expiry Oct 16, 2026
Expected Move
±$17.10
6.4% from close
Price Gap
-6.00
Distance to max pain
IV Rank
2
Low premium
P/C OI
1.62
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects FDS 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 — FDS
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $260.00 (6.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$260.00
Nearest expiry
Expected Move
±$17.10
±6.4%
Days to Expiry
14
Calendar days
Total Call OI
4,696
Nearest expiry
Total Put OI
6,364
Nearest expiry
P/C OI Ratio
1.36
Put-heavy
Spot Price
$266.00
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$260.008/21/2026, 11:12:01 PM
2026-09-18$270.009/18/2026, 11:13:44 PM
2026-10-16NextUpdated$260.0010/2/2026, 11:13:05 PM
2026-11-20$270.0010/2/2026, 11:13:05 PM
2026-12-18$270.0010/2/2026, 11:13:05 PM
2027-01-15$280.0010/2/2026, 11:13:05 PM
2027-02-19$320.0010/2/2026, 11:13:05 PM
2027-03-19$310.0010/2/2026, 11:13:05 PM
2027-09-17$290.0010/2/2026, 11:13:05 PM
Selected expiration: 2026-10-16 at max pain $260.00.
FDS pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
13007664600076646000
13507346500073465000
14007028450070284500
17504802450048024500
18004484500044845000
18504168000041680000
20030003218500032188000
21050002645600026461000
22080002088700020895000
230130001580100015814000
240190001096100010980000
2502700065090006536000
26018900030970003286000
270249900019290004428000
280498400012750006259000
29079710006900008661000
3001106300011800011181000
310143210001000014331000
32017647000600017653000
33021040000500021045000
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.