This page reflects GTLB 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 — GTLB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $48.00 (1.78 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$48.00
Nearest expiry
Expected Move
±$2.62
±5.3%
Days to Expiry
7
Calendar days
Total Call OI
2,342
Nearest expiry
Total Put OI
2,485
Nearest expiry
P/C OI Ratio
1.06
Put-heavy
Spot Price
$49.78
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$41.00
9/25/2026, 11:15:40 PM
2026-10-02Updated
$46.50
10/2/2026, 11:14:26 PM
2026-10-09Next
$48.00
10/2/2026, 11:14:26 PM
2026-10-16
$42.50
10/2/2026, 11:14:26 PM
2026-10-23
$48.00
10/2/2026, 11:14:26 PM
2026-10-30
$47.00
10/2/2026, 11:14:26 PM
2026-11-20
$45.00
10/2/2026, 11:14:26 PM
2026-12-18
$25.00
10/2/2026, 11:14:26 PM
2027-01-15
$35.00
10/2/2026, 11:14:26 PM
2027-04-16
$35.00
10/2/2026, 11:14:26 PM
2027-06-17
$30.00
10/2/2026, 11:14:26 PM
2027-09-17
$30.00
10/2/2026, 11:14:26 PM
Selected expiration: 2026-10-09 at max pain $48.00.
GTLB pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
4669000
4669000
30
23000
3428000
3451000
31
27800
3179800
3207600
33
37600
2683400
2721000
34
42500
2435200
2477700
35
47600
2187100
2234700
36
53100
1939100
1992200
37
58700
1691100
1749800
38
64400
1443500
1507900
39
71600
1197500
1269100
40
78900
952000
1030900
41
86300
706800
793100
42
94200
461600
555800
43
102700
216800
319500
44
111400
174600
286000
45
120400
133000
253400
46
130500
101700
232200
46.5
136150
86450
222600
47
142000
71900
213900
47.5
149350
59750
209100
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.