This page reflects FIX 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 — FIX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $1680.00 (48.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1680.00
Nearest expiry
Expected Move
±$134.20
±7.8%
Days to Expiry
14
Calendar days
Total Call OI
2,800
Nearest expiry
Total Put OI
4,480
Nearest expiry
P/C OI Ratio
1.60
Put-heavy
Spot Price
$1728.01
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
$1700.00
8/21/2026, 11:15:14 PM
2026-09-18
$1600.00
9/18/2026, 11:14:37 PM
2026-10-16NextUpdated
$1680.00
10/2/2026, 11:13:47 PM
2026-11-20
$1570.00
10/2/2026, 11:13:47 PM
2026-12-18
$1520.00
10/2/2026, 11:13:47 PM
2027-01-15
$1700.00
10/2/2026, 11:13:47 PM
2027-02-19
$1400.00
10/2/2026, 11:13:47 PM
2027-04-16
$1740.00
10/2/2026, 11:13:47 PM
Selected expiration: 2026-10-16 at max pain $1680.00.
FIX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
680
0
355455000
355455000
700
2000
346563000
346565000
720
4000
337725000
337729000
740
6000
328899000
328905000
760
10000
320119000
320129000
780
14000
311349000
311363000
800
18000
302585000
302603000
820
22000
293843000
293865000
840
26000
285119000
285145000
860
32000
276511000
276543000
880
38000
267905000
267943000
900
46000
259307000
259353000
920
54000
250709000
250763000
940
62000
242111000
242173000
960
72000
233519000
233591000
980
84000
224957000
225041000
1000
100000
216409000
216509000
1020
120000
207971000
208091000
1040
144000
199547000
199691000
1060
168000
191135000
191303000
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.