This page reflects ILMN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — ILMN
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $250.00 (43.69 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$250.00
Nearest expiry
Expected Move
±$23.70
±8.1%
Days to Expiry
11
Calendar days
Total Call OI
2,472
Nearest expiry
Total Put OI
3,297
Nearest expiry
P/C OI Ratio
1.33
Put-heavy
Spot Price
$293.69
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
$190.00
8/21/2026, 11:14:14 PM
2026-09-18
$195.00
9/18/2026, 11:19:08 PM
2026-10-16NextUpdated
$250.00
10/5/2026, 11:17:54 PM
2026-11-20
$260.00
10/5/2026, 11:17:54 PM
2026-12-18
$195.00
10/5/2026, 11:17:54 PM
2027-01-15
$145.00
10/5/2026, 11:17:54 PM
2027-03-19
$210.00
10/5/2026, 11:17:54 PM
2027-06-17
$180.00
10/5/2026, 11:17:54 PM
Selected expiration: 2026-10-16 at max pain $250.00.
ILMN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
135
0
33433500
33433500
140
8000
31785000
31793000
145
18500
30137000
30155500
150
29000
28489000
28518000
155
41000
26842500
26883500
160
55000
25198000
25253000
165
72500
23556500
23629000
170
93000
21917500
22010500
175
113500
20286000
20399500
180
138000
18677500
18815500
185
164000
17082000
17246000
190
197500
15493000
15690500
195
246000
13923000
14169000
200
313000
12374000
12687000
210
459000
9588000
10047000
220
629000
6967000
7596000
230
887000
4529000
5416000
240
1230000
2780000
4010000
250
2060000
1705000
3765000
260
3209000
794000
4003000
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.