This page reflects GWW 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 — GWW
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $1230.00 (50.30 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1230.00
Nearest expiry
Expected Move
±$45.90
±3.6%
Days to Expiry
14
Calendar days
Total Call OI
1,663
Nearest expiry
Total Put OI
947
Nearest expiry
P/C OI Ratio
0.57
Put-heavy
Spot Price
$1280.30
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
$1330.00
8/21/2026, 11:15:19 PM
2026-09-18
$1300.00
9/18/2026, 11:16:45 PM
2026-10-16NextUpdated
$1230.00
10/2/2026, 11:14:42 PM
2026-11-20
$1350.00
10/2/2026, 11:14:42 PM
2026-12-18
$1120.00
10/2/2026, 11:14:42 PM
2027-01-15
$1280.00
10/2/2026, 11:14:42 PM
2027-03-19
$1300.00
10/2/2026, 11:14:42 PM
2027-04-16
$1170.00
10/2/2026, 11:14:42 PM
2027-05-21
$1460.00
10/2/2026, 11:14:42 PM
2027-06-17
$1280.00
10/2/2026, 11:14:42 PM
2027-07-16
$1200.00
10/2/2026, 11:14:42 PM
2027-08-20
$1400.00
10/2/2026, 11:14:42 PM
2027-09-17
$1000.00
10/2/2026, 11:14:42 PM
Selected expiration: 2026-10-16 at max pain $1230.00.
GWW pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
720
0
41006000
41006000
740
4000
39118000
39122000
760
10000
37244000
37254000
780
18000
35412000
35430000
800
28000
33580000
33608000
820
40000
31748000
31788000
840
52000
29918000
29970000
860
64000
28128000
28192000
880
78000
26338000
26416000
900
92000
24598000
24690000
920
106000
22870000
22976000
940
120000
21142000
21262000
960
134000
19512000
19646000
980
148000
17886000
18034000
990
156000
17077000
17233000
1000
164000
16268000
16432000
1010
174000
15463000
15637000
1020
184000
14658000
14842000
1030
198000
13855000
14053000
1040
212000
13057000
13269000
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.