This page reflects FRHC 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 — FRHC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $165.00 (8.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$165.00
Nearest expiry
Expected Move
±$11.23
±6.5%
Days to Expiry
14
Calendar days
Total Call OI
956
Nearest expiry
Total Put OI
1,185
Nearest expiry
P/C OI Ratio
1.24
Put-heavy
Spot Price
$173.00
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
$155.00
8/21/2026, 11:13:50 PM
2026-09-18
$160.00
9/18/2026, 11:13:50 PM
2026-10-16NextUpdated
$165.00
10/2/2026, 11:13:59 PM
2026-11-20
$170.00
10/2/2026, 11:13:59 PM
2026-12-18
$140.00
10/2/2026, 11:13:59 PM
2027-03-19
$140.00
10/2/2026, 11:13:59 PM
Selected expiration: 2026-10-16 at max pain $165.00.
FRHC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
3976500
3976500
105
0
3639000
3639000
110
0
3301500
3301500
115
0
2969000
2969000
120
0
2636500
2636500
125
0
2304000
2304000
130
0
1972500
1972500
135
0
1647000
1647000
140
0
1323000
1323000
145
0
1012000
1012000
150
0
705500
705500
155
0
444000
444000
160
0
228000
228000
165
36500
85000
121500
170
161500
15500
177000
175
362500
6500
369000
180
646000
4000
650000
185
1017500
2500
1020000
190
1412500
1000
1413500
195
1888500
0
1888500
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.