This page reflects FRPT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — FRPT
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $67.50 (6.17 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$67.50
Nearest expiry
Expected Move
±$1.70
±2.8%
Days to Expiry
11
Calendar days
Total Call OI
598
Nearest expiry
Total Put OI
1,941
Nearest expiry
P/C OI Ratio
3.25
Put-heavy
Spot Price
$61.33
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
$62.50
8/21/2026, 11:13:51 PM
2026-09-18
$67.50
9/18/2026, 11:14:43 PM
2026-10-16NextUpdated
$67.50
10/5/2026, 11:13:32 PM
2026-11-20
$55.00
10/5/2026, 11:13:32 PM
2026-12-18
$55.00
10/5/2026, 11:13:32 PM
2027-01-15
$70.00
10/5/2026, 11:13:32 PM
2027-02-19
$55.00
10/5/2026, 11:13:32 PM
2027-05-21
$47.50
10/5/2026, 11:13:32 PM
Selected expiration: 2026-10-16 at max pain $67.50.
FRPT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
1713250
1713250
52.5
4750
1228250
1233000
55
9500
774750
784250
57.5
26000
614000
640000
60
43000
454500
497500
62.5
78750
321250
400000
65
115500
188000
303500
67.5
165000
55250
220250
70
217750
35500
253250
72.5
312250
16250
328500
75
409750
7250
417000
77.5
508500
0
508500
80
607500
0
607500
82.5
710250
0
710250
85
813250
0
813250
90
1019750
0
1019750
95
1286250
0
1286250
100
1552750
0
1552750
105
1819750
0
1819750
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.