This page reflects FLS 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 — FLS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $75.00 (0.63 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$4.15
±5.6%
Days to Expiry
14
Calendar days
Total Call OI
2,912
Nearest expiry
Total Put OI
357
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$74.37
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
$70.00
8/21/2026, 11:13:12 PM
2026-09-18
$70.00
9/18/2026, 11:13:39 PM
2026-10-16NextUpdated
$75.00
10/2/2026, 11:13:02 PM
2026-11-20
$70.00
10/2/2026, 11:13:02 PM
2027-01-15
$75.00
10/2/2026, 11:13:02 PM
2027-04-16
$65.00
10/2/2026, 11:13:02 PM
Selected expiration: 2026-10-16 at max pain $75.00.
FLS pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
1016500
1016500
45
0
838000
838000
50
0
659500
659500
55
3000
481000
484000
60
7000
310500
317500
65
16500
194000
210500
70
32500
118500
151000
75
53000
59000
112000
80
161000
37500
198500
85
717000
25000
742000
90
1667000
12500
1679500
95
3087500
3000
3090500
100
4525000
1500
4526500
105
5969500
0
5969500
110
7425500
0
7425500
115
8881500
0
8881500
120
10337500
0
10337500
125
11793500
0
11793500
130
13249500
0
13249500
135
14705500
0
14705500
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.