This page reflects FROG 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 — FROG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $92.50 (3.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$92.50
Nearest expiry
Expected Move
±$9.05
±9.5%
Days to Expiry
14
Calendar days
Total Call OI
2,615
Nearest expiry
Total Put OI
2,604
Nearest expiry
P/C OI Ratio
1.00
Put-heavy
Spot Price
$95.50
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
$80.00
8/21/2026, 11:14:52 PM
2026-09-18
$80.00
9/18/2026, 11:14:50 PM
2026-10-16NextUpdated
$92.50
10/2/2026, 11:14:04 PM
2026-11-20
$87.50
10/2/2026, 11:14:04 PM
2026-12-18
$90.00
10/2/2026, 11:14:04 PM
2027-01-15
$55.00
10/2/2026, 11:14:04 PM
2027-03-19
$90.00
10/2/2026, 11:14:04 PM
Selected expiration: 2026-10-16 at max pain $92.50.
FROG pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
4937250
4937250
65
500
3602250
3602750
70
1000
2271750
2272750
75
5000
976250
981250
80
10000
577750
587750
82.5
19750
433750
453500
85
29750
298500
328250
87.5
41750
183750
225500
90
55250
80750
136000
92.5
82750
46250
129000
95
119250
22250
141500
97.5
219000
14500
233500
100
346250
9000
355250
105
694250
1500
695750
110
1114750
0
1114750
115
1722250
0
1722250
120
2349750
0
2349750
125
2998250
0
2998250
130
3695750
0
3695750
135
4400250
0
4400250
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.