thetaOwl

FIVN

Five9, Inc.Close $34.36EOD only
Max Pain
$22.50
Next expiry Oct 16, 2026
Expected Move
±$3.42
10.0% from close
Price Gap
-11.86
Distance to max pain
IV Rank
28
Middle-high premium
P/C OI
0.27
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-10-16 shows max pain at $22.50 (11.86 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$22.50
Nearest expiry
Expected Move
±$3.42
±10.0%
Days to Expiry
14
Calendar days
Total Call OI
28,495
Nearest expiry
Total Put OI
8,666
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$34.36
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$25.008/21/2026, 11:11:09 PM
2026-09-18$30.009/18/2026, 11:13:48 PM
2026-10-16NextUpdated$22.5010/2/2026, 11:12:43 PM
2026-11-20$37.5010/2/2026, 11:12:43 PM
2027-01-15$20.0010/2/2026, 11:12:43 PM
2027-04-16$22.5010/2/2026, 11:12:43 PM
Selected expiration: 2026-10-16 at max pain $22.50.
FIVN pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
501625250016252500
7.501408600014086000
102501191950011919750
12.550097602509760750
15100076520007653000
17.54125056090005650250
2010550042762504381750
22.527575029435003219250
25349100016965005187500
27.583935005172508910750
301363700019625013833250
32.5193142507600019390250
35251107502550025136250
37.531160000100031161000
4037536000037536000
42.544505750044505750
4551521750051521750
47.558587000058587000
5065671750065671750
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.