This page reflects IMVT 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 — IMVT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $38.00 (4.38 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$38.00
Nearest expiry
Expected Move
±$2.65
±7.9%
Days to Expiry
14
Calendar days
Total Call OI
1,112
Nearest expiry
Total Put OI
1,281
Nearest expiry
P/C OI Ratio
1.15
Put-heavy
Spot Price
$33.62
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
$37.00
8/21/2026, 11:17:52 PM
2026-09-18
$30.00
9/18/2026, 11:19:19 PM
2026-10-16NextUpdated
$38.00
10/2/2026, 11:16:25 PM
2026-11-20
$35.00
10/2/2026, 11:16:25 PM
2026-12-18
$30.00
10/2/2026, 11:16:25 PM
2027-01-15
$32.00
10/2/2026, 11:16:25 PM
2027-03-19
$30.00
10/2/2026, 11:16:25 PM
2027-04-16
$44.00
10/2/2026, 11:16:25 PM
Selected expiration: 2026-10-16 at max pain $38.00.
IMVT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
4215900
4215900
10
2100
3271600
3273700
17
4900
2327300
2332200
19
5700
2057500
2063200
20
6100
1922700
1928800
22
7100
1653100
1660200
25
8900
1248700
1257600
26
9500
1114000
1123500
27
10100
979400
989500
28
10700
844800
855500
29
41400
740600
782000
30
72100
646900
719000
31
102800
553600
656400
32
133500
461300
594800
33
165300
370500
535800
34
198800
280800
479600
35
234300
196600
430900
36
275300
145400
420700
37
318200
96700
414900
38
365500
48900
414400
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.