This page reflects HTGC 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 — HTGC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $17.00 (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
$17.00
Nearest expiry
Expected Move
±$0.48
±2.8%
Days to Expiry
14
Calendar days
Total Call OI
3,620
Nearest expiry
Total Put OI
4,159
Nearest expiry
P/C OI Ratio
1.15
Put-heavy
Spot Price
$16.74
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
$17.00
8/21/2026, 11:17:24 PM
2026-09-18
$17.00
9/18/2026, 11:13:34 PM
2026-10-16NextUpdated
$17.00
10/2/2026, 11:14:08 PM
2026-11-20
$17.00
10/2/2026, 11:14:08 PM
2026-12-18
$16.00
10/2/2026, 11:14:08 PM
2027-01-15
$15.00
10/2/2026, 11:14:08 PM
2027-04-16
$18.00
10/2/2026, 11:14:08 PM
Selected expiration: 2026-10-16 at max pain $17.00.
HTGC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
3202500
3202500
8
0
2128500
2128500
9
0
1775500
1775500
10
200
1440700
1440900
11
400
1108200
1108600
12
600
775700
776300
13
800
443200
444000
14
1000
214000
215000
15
4700
96200
100900
16
9500
37500
47000
17
20700
4900
25600
18
111900
3000
114900
19
431200
2300
433500
20
777600
1600
779200
21
1139000
900
1139900
22
1500400
400
1500800
23
1861800
200
1862000
24
2223200
100
2223300
25
2584600
0
2584600
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.