GFL Environmental Inc. SubordinClose $41.98EOD only
Max Pain
$40.00
Next expiry Oct 16, 2026
Expected Move
±$5.10
12.2% from close
Price Gap
-1.98
Distance to max pain
IV Rank
23
Low premium
P/C OI
0.10
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects GFL 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 — GFL
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $40.00 (1.98 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$5.10
±12.2%
Days to Expiry
14
Calendar days
Total Call OI
74,401
Nearest expiry
Total Put OI
20,133
Nearest expiry
P/C OI Ratio
0.27
Put-heavy
Spot Price
$41.98
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
$40.00
8/21/2026, 11:12:37 PM
2026-09-18
$40.00
9/18/2026, 11:14:57 PM
2026-10-16NextUpdated
$40.00
10/2/2026, 11:14:29 PM
2026-11-20
$42.50
10/2/2026, 11:14:29 PM
2026-12-18
$40.00
10/2/2026, 11:14:29 PM
2027-01-15
$42.50
10/2/2026, 11:14:29 PM
2027-03-19
$40.00
10/2/2026, 11:14:29 PM
2027-04-16
$35.00
10/2/2026, 11:14:29 PM
Selected expiration: 2026-10-16 at max pain $40.00.
GFL pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
39142000
39142000
25
500
27016000
27016500
27.5
750
20953000
20953750
30
1000
14890250
14891250
32.5
4250
10419250
10423500
35
7500
6000500
6008000
37.5
83250
2010500
2093750
40
159000
238250
397250
42.5
577500
74000
651500
45
1314750
0
1314750
47.5
12822000
0
12822000
50
25474250
0
25474250
52.5
42596750
0
42596750
55
59723250
0
59723250
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.