This page reflects GSAT 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 — GSAT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $82.50 (0.72 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$82.50
Nearest expiry
Expected Move
±$2.45
±2.9%
Days to Expiry
14
Calendar days
Total Call OI
8,937
Nearest expiry
Total Put OI
9,919
Nearest expiry
P/C OI Ratio
1.11
Put-heavy
Spot Price
$83.22
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, 11:15:36 PM
2026-09-18
$82.50
9/18/2026, 11:15:38 PM
2026-10-16NextUpdated
$82.50
10/2/2026, 11:13:25 PM
2026-11-20
$80.00
10/2/2026, 11:13:25 PM
2026-12-18
$72.50
10/2/2026, 11:13:25 PM
2027-01-15
$65.00
10/2/2026, 11:13:25 PM
2027-03-19
$75.00
10/2/2026, 11:13:25 PM
2027-04-16
$80.00
10/2/2026, 11:13:25 PM
2027-06-17
$75.00
10/2/2026, 11:13:25 PM
Selected expiration: 2026-10-16 at max pain $82.50.
GSAT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
24049500
24049500
35
1000
21590000
21591000
40
2000
19130500
19132500
45
4000
16675000
16679000
50
17500
14220500
14238000
55
37000
11799000
11836000
60
89500
9443000
9532500
65
148000
7087000
7235000
70
206500
4767000
4973500
72.5
265250
3616250
3881500
75
324000
2470250
2794250
77.5
425500
1498000
1923500
80
532250
535250
1067500
82.5
1024000
12750
1036750
85
1543000
500
1543500
87.5
2282500
0
2282500
90
3099500
0
3099500
95
5130500
0
5130500
100
7306000
0
7306000
105
11746000
0
11746000
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.