This page reflects IEX 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 — IEX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $210.00 (22.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$210.00
Nearest expiry
Expected Move
±$4.10
±1.8%
Days to Expiry
14
Calendar days
Total Call OI
353
Nearest expiry
Total Put OI
43
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$232.99
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
$220.00
8/21/2026, 11:18:02 PM
2026-09-18
$230.00
9/18/2026, 11:19:05 PM
2026-10-16NextUpdated
$210.00
10/2/2026, 11:16:18 PM
2026-11-20
$210.00
10/2/2026, 11:16:18 PM
2027-01-15
$210.00
10/2/2026, 11:16:18 PM
2027-04-16
$230.00
10/2/2026, 11:16:18 PM
Selected expiration: 2026-10-16 at max pain $210.00.
IEX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
265500
265500
125
0
246500
246500
135
0
209500
209500
140
0
192500
192500
145
0
176000
176000
150
0
160500
160500
155
0
145000
145000
160
0
129500
129500
165
0
114500
114500
170
500
99500
100000
175
1000
84500
85500
180
1500
69500
71000
190
2500
39500
42000
195
3500
24500
28000
200
5000
12000
17000
210
9000
0
9000
220
13000
0
13000
230
23000
0
23000
240
56000
0
56000
250
295000
0
295000
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.