This page reflects GMED 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 — GMED
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $75.00 (0.60 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$3.42
±4.5%
Days to Expiry
14
Calendar days
Total Call OI
955
Nearest expiry
Total Put OI
246
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$75.60
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
$80.00
8/21/2026, 11:13:20 PM
2026-09-18
$75.00
9/18/2026, 11:15:16 PM
2026-10-16NextUpdated
$75.00
10/2/2026, 11:14:35 PM
2026-11-20
$72.50
10/2/2026, 11:14:35 PM
2026-12-18
$77.50
10/2/2026, 11:14:35 PM
2027-03-19
$82.50
10/2/2026, 11:14:35 PM
Selected expiration: 2026-10-16 at max pain $75.00.
GMED pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
235250
235250
65
0
157750
157750
70
8000
80750
88750
72.5
12000
51250
63250
75
17000
28500
45500
77.5
42000
12250
54250
80
83750
2250
86000
82.5
312500
1000
313500
85
541500
0
541500
87.5
771000
0
771000
90
1001750
0
1001750
92.5
1236500
0
1236500
95
1472000
0
1472000
100
1949000
0
1949000
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.