Gladstone Investment CorporatioClose $15.66EOD only
Max Pain
$15.00
Next expiry Oct 16, 2026
Expected Move
±$0.85
5.4% from close
Price Gap
-0.66
Distance to max pain
IV Rank
36
Middle-high premium
P/C OI
0.07
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects GAIN 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 — GAIN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $15.00 (0.66 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$0.85
±5.4%
Days to Expiry
14
Calendar days
Total Call OI
5,090
Nearest expiry
Total Put OI
435
Nearest expiry
P/C OI Ratio
0.09
Put-heavy
Spot Price
$15.66
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
$17.50
8/21/2026, 11:16:06 PM
2026-09-18
$15.00
9/18/2026, 11:14:10 PM
2026-10-16NextUpdated
$15.00
10/2/2026, 11:12:38 PM
2026-11-20
$7.50
10/2/2026, 11:12:38 PM
2027-01-15
$15.00
10/2/2026, 11:12:38 PM
2027-04-16
$15.00
10/2/2026, 11:12:38 PM
Selected expiration: 2026-10-16 at max pain $15.00.
GAIN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
564500
564500
5
0
455750
455750
7.5
0
347000
347000
10
0
238250
238250
12.5
2000
129500
131500
15
10250
33000
43250
17.5
114500
8500
123000
20
1079000
0
1079000
22.5
2319750
0
2319750
25
3579750
0
3579750
30
6099750
0
6099750
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.