This page reflects FICO 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 — FICO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $700.00 (38.75 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$700.00
Nearest expiry
Expected Move
±$30.70
±4.6%
Days to Expiry
14
Calendar days
Total Call OI
6,178
Nearest expiry
Total Put OI
3,895
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$661.25
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
$1100.00
8/21/2026, 11:13:28 PM
2026-09-18
$980.00
9/18/2026, 11:13:33 PM
2026-10-16NextUpdated
$700.00
10/2/2026, 11:12:59 PM
2026-11-20
$860.00
10/2/2026, 11:12:59 PM
2026-12-18
$860.00
10/2/2026, 11:12:59 PM
2027-01-15
$1000.00
10/2/2026, 11:12:59 PM
2027-03-19
$900.00
10/2/2026, 11:12:59 PM
2027-04-16
$600.00
10/2/2026, 11:12:59 PM
2027-06-17
$1060.00
10/2/2026, 11:12:59 PM
2027-09-17
$820.00
10/2/2026, 11:12:59 PM
Selected expiration: 2026-10-16 at max pain $700.00.
FICO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
460
0
62210000
62210000
470
3000
58622000
58625000
480
6000
55168000
55174000
490
9000
51772000
51781000
500
12000
48437000
48449000
510
30000
45621000
45651000
520
48000
42864000
42912000
530
66000
40166000
40232000
540
84000
37589000
37673000
550
102000
35157000
35259000
560
120000
32926000
33046000
570
138000
30788000
30926000
580
156000
28806000
28962000
600
236000
25144000
25380000
620
592000
22122000
22714000
640
948000
19312000
20260000
660
1304000
17108000
18412000
670
1482000
16216000
17698000
680
1660000
15395000
17055000
690
2091000
14585000
16676000
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.