This page reflects IESC 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 — IESC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $350.00 (10.66 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$350.00
Nearest expiry
Expected Move
±$35.60
±10.5%
Days to Expiry
14
Calendar days
Total Call OI
1,274
Nearest expiry
Total Put OI
1,131
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$339.34
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
$640.00
8/21/2026, 11:17:00 PM
2026-09-18
$350.00
9/18/2026, 11:16:34 PM
2026-10-16NextUpdated
$350.00
10/2/2026, 11:17:36 PM
2026-11-20
$330.00
10/2/2026, 11:17:36 PM
2026-12-18
$280.00
10/2/2026, 11:17:36 PM
2027-01-15
$330.00
10/2/2026, 11:17:36 PM
2027-04-16
$220.00
10/2/2026, 11:17:36 PM
Selected expiration: 2026-10-16 at max pain $350.00.
IESC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
115
0
31773500
31773500
155
0
27325500
27325500
160
0
26770500
26770500
165
0
26215500
26215500
170
0
25660500
25660500
180
0
24550500
24550500
185
0
23995500
23995500
195
2000
22885500
22887500
200
32000
22330500
22362500
220
152000
20110500
20262500
225
182000
19563000
19745000
230
212000
19016500
19228500
235
244000
18470000
18714000
240
282000
17923500
18205500
245
321000
17381500
17702500
250
371000
16856000
17227000
255
421000
16338500
16759500
260
471500
15828000
16299500
265
522500
15328500
15851000
270
575000
14841500
15416500
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.