This page reflects INSM 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 — INSM
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $115.00 (3.88 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$115.00
Nearest expiry
Expected Move
±$7.75
±7.0%
Days to Expiry
14
Calendar days
Total Call OI
4,419
Nearest expiry
Total Put OI
972
Nearest expiry
P/C OI Ratio
0.22
Put-heavy
Spot Price
$111.12
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
$115.00
8/21/2026, 11:15:53 PM
2026-09-18
$125.00
9/18/2026, 11:18:13 PM
2026-10-16NextUpdated
$115.00
10/2/2026, 11:16:44 PM
2026-11-20
$115.00
10/2/2026, 11:16:44 PM
2027-01-15
$115.00
10/2/2026, 11:16:44 PM
2027-02-19
$110.00
10/2/2026, 11:16:44 PM
2027-03-19
$115.00
10/2/2026, 11:16:44 PM
2027-05-21
$105.00
10/2/2026, 11:16:44 PM
2027-08-20
$75.00
10/2/2026, 11:16:44 PM
Selected expiration: 2026-10-16 at max pain $115.00.
INSM pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
85
0
2906500
2906500
95
1000
1934500
1935500
100
1500
1455000
1456500
105
2000
1000000
1002000
110
2500
637000
639500
115
8000
343500
351500
120
728500
139500
868000
125
1605000
4000
1609000
130
3034000
0
3034000
135
4737000
0
4737000
140
6680000
0
6680000
145
8821500
0
8821500
150
10987000
0
10987000
155
13184500
0
13184500
160
15384000
0
15384000
165
17593500
0
17593500
170
19803000
0
19803000
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.