This page reflects GEO 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 — GEO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $29.00 (2.36 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$29.00
Nearest expiry
Expected Move
±$2.30
±7.3%
Days to Expiry
14
Calendar days
Total Call OI
85,826
Nearest expiry
Total Put OI
3,403
Nearest expiry
P/C OI Ratio
0.04
Put-heavy
Spot Price
$31.36
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
$24.00
8/21/2026, 11:13:27 PM
2026-09-18
$24.00
9/18/2026, 11:08:58 PM
2026-10-16NextUpdated
$29.00
10/2/2026, 11:13:46 PM
2026-11-20
$28.00
10/2/2026, 11:13:46 PM
2026-12-18
$30.00
10/2/2026, 11:13:46 PM
2027-01-15
$20.00
10/2/2026, 11:13:46 PM
2027-03-19
$31.00
10/2/2026, 11:13:46 PM
Selected expiration: 2026-10-16 at max pain $29.00.
GEO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
3500300
3500300
21
1000
3160200
3161200
22
2000
2820200
2822200
23
3000
2480200
2483200
24
5500
2140200
2145700
25
8200
1800700
1808900
26
11700
1464900
1476600
27
15600
1130300
1145900
28
23900
798900
822800
29
38800
490000
528800
30
1664600
290800
1955400
31
5846200
203200
6049400
32
10304400
125000
10429400
33
15253600
75500
15329100
34
20542000
32200
20574200
35
26510100
2400
26512500
36
35063700
1700
35065400
37
43626700
1200
43627900
38
52200800
800
52201600
39
60779400
400
60779800
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.