Nearest listed expiration 2026-10-09 shows max pain at $113.00 (0.26 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$113.00
Nearest expiry
Expected Move
±$6.38
±5.7%
Days to Expiry
7
Calendar days
Total Call OI
51,215
Nearest expiry
Total Put OI
33,288
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$112.74
Published close
Consensus
7.0/10
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
$115.00
9/25/2026, 11:15:59 PM
2026-10-02Updated
$113.00
10/2/2026, 11:15:27 PM
2026-10-09Next
$113.00
10/2/2026, 11:15:27 PM
2026-10-16
$110.00
10/2/2026, 11:15:27 PM
2026-10-23
$115.00
10/2/2026, 11:15:27 PM
2026-10-30
$114.00
10/2/2026, 11:15:27 PM
2026-11-06
$114.00
10/2/2026, 11:15:27 PM
2026-11-20
$105.00
10/2/2026, 11:15:27 PM
2026-12-18
$100.00
10/2/2026, 11:15:27 PM
2027-01-15
$90.00
10/2/2026, 11:15:27 PM
2027-02-19
$110.00
10/2/2026, 11:15:27 PM
2027-03-19
$90.00
10/2/2026, 11:15:27 PM
2027-04-16
$100.00
10/2/2026, 11:15:27 PM
2027-05-21
$95.00
10/2/2026, 11:15:27 PM
2027-06-17
$90.00
10/2/2026, 11:15:27 PM
2027-09-17
$115.00
10/2/2026, 11:15:27 PM
Selected expiration: 2026-10-09 at max pain $113.00.
HOOD pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
246624000
246624000
30
3500
230026000
230029500
35
8500
213428000
213436500
40
15500
196830000
196845500
45
26500
180234500
180261000
50
49500
163645000
163694500
55
77000
147102500
147179500
60
116500
131377500
131494000
65
168000
116571000
116739000
70
223000
102288000
102511000
75
297500
88039500
88337000
80
380000
73925000
74305000
85
488000
59989500
60477500
90
623500
46687000
47310500
91
657800
44109500
44767300
92
694900
41549200
42244100
93
733700
39050500
39784200
94
777400
36567200
37344600
95
828400
34105500
34933900
96
888500
31708300
32596800
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.