This page reflects GPCR 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 — GPCR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $32.50 (4.83 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$32.50
Nearest expiry
Expected Move
±$1.27
±4.6%
Days to Expiry
14
Calendar days
Total Call OI
7,357
Nearest expiry
Total Put OI
1,115
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$27.67
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
$50.00
8/21/2026, 11:16:54 PM
2026-09-18
$37.50
9/18/2026, 11:15:52 PM
2026-10-16NextUpdated
$32.50
10/2/2026, 11:14:15 PM
2026-11-20
$30.00
10/2/2026, 11:14:15 PM
2026-12-18
$40.00
10/2/2026, 11:14:15 PM
2027-01-15
$35.00
10/2/2026, 11:14:15 PM
2027-04-16
$35.00
10/2/2026, 11:14:15 PM
Selected expiration: 2026-10-16 at max pain $32.50.
GPCR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
983500
983500
27.5
0
704750
704750
30
2000
433500
435500
32.5
139750
193750
333500
35
278250
100750
379000
37.5
491000
59500
550500
40
730750
36500
767250
42.5
1115750
17250
1133000
45
1522500
1500
1524000
47.5
1954750
500
1955250
50
2452000
0
2452000
52.5
3132500
0
3132500
55
3834000
0
3834000
57.5
4605750
0
4605750
60
5378750
0
5378750
62.5
6212250
0
6212250
65
7053000
0
7053000
67.5
7908000
0
7908000
70
8764500
0
8764500
72.5
9653750
0
9653750
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.