Gaming and Leisure Properties, Close $37.68EOD only
Max Pain
$40.00
Next expiry Oct 16, 2026
Expected Move
±$1.40
3.7% from close
Price Gap
+2.32
Distance to max pain
IV Rank
54
Middle-high premium
P/C OI
0.37
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects GLPI 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 — GLPI
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $40.00 (2.32 above 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
±$1.40
±3.7%
Days to Expiry
14
Calendar days
Total Call OI
4,940
Nearest expiry
Total Put OI
737
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$37.68
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
$42.50
8/21/2026, 11:16:26 PM
2026-09-18
$42.50
9/18/2026, 11:14:50 PM
2026-10-16NextUpdated
$40.00
10/2/2026, 11:13:36 PM
2026-11-20
$40.00
10/2/2026, 11:13:36 PM
2027-01-15
$45.00
10/2/2026, 11:13:36 PM
2027-04-16
$40.00
10/2/2026, 11:13:36 PM
Selected expiration: 2026-10-16 at max pain $40.00.
GLPI pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
1065250
1065250
27.5
0
881000
881000
30
0
697250
697250
32.5
6000
513500
519500
35
13250
329750
343000
37.5
20500
158750
179250
40
72750
13500
86250
42.5
142000
4000
146000
45
275250
2500
277750
47.5
538500
1250
539750
50
851000
250
851250
52.5
1223750
0
1223750
55
2443250
0
2443250
57.5
3676750
0
3676750
60
4910500
0
4910500
65
7378000
0
7378000
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.