This page reflects FIG 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 — FIG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $22.00 (0.64 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$22.00
Nearest expiry
Expected Move
±$1.61
±7.5%
Days to Expiry
7
Calendar days
Total Call OI
8,084
Nearest expiry
Total Put OI
5,537
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$21.36
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
$22.00
9/25/2026, 11:14:05 PM
2026-10-02Updated
$21.00
10/2/2026, 11:12:50 PM
2026-10-09Next
$22.00
10/2/2026, 11:12:50 PM
2026-10-16
$22.50
10/2/2026, 11:12:50 PM
2026-10-23
$23.00
10/2/2026, 11:12:50 PM
2026-10-30
$21.00
10/2/2026, 11:12:50 PM
2026-11-06
$21.00
10/2/2026, 11:12:50 PM
2026-11-20
$17.50
10/2/2026, 11:12:50 PM
2027-01-15
$25.00
10/2/2026, 11:12:50 PM
2027-02-19
$25.00
10/2/2026, 11:12:50 PM
2027-04-16
$25.00
10/2/2026, 11:12:50 PM
2027-05-21
$20.00
10/2/2026, 11:12:50 PM
2027-08-20
$22.50
10/2/2026, 11:12:50 PM
Selected expiration: 2026-10-09 at max pain $22.00.
FIG pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
3029950
3029950
16
600
2480550
2481150
17
1300
1940850
1942150
17.5
1950
1678000
1679950
18
3000
1417850
1420850
18.5
4550
1178450
1183000
19
6250
944650
950900
19.5
8800
721550
730350
20
11900
510600
522500
20.5
22200
366200
388400
21
35800
240300
276100
21.5
53100
172300
225400
22
82450
115000
197450
22.5
135900
83350
219250
23
211350
58450
269800
23.5
351800
43050
394850
24
519900
32600
552500
24.5
778400
24300
802700
25
1043800
18300
1062100
25.5
1321950
14250
1336200
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.