This page reflects IT 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 — IT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $195.00 (10.20 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$195.00
Nearest expiry
Expected Move
±$13.40
±7.3%
Days to Expiry
14
Calendar days
Total Call OI
646
Nearest expiry
Total Put OI
1,251
Nearest expiry
P/C OI Ratio
1.94
Put-heavy
Spot Price
$184.80
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
$155.00
8/21/2026, 11:18:07 PM
2026-09-18
$190.00
9/18/2026, 11:19:15 PM
2026-10-16NextUpdated
$195.00
10/2/2026, 11:18:16 PM
2026-11-20
$185.00
10/2/2026, 11:18:16 PM
2026-12-18
$175.00
10/2/2026, 11:18:16 PM
2027-03-19
$180.00
10/2/2026, 11:18:16 PM
Selected expiration: 2026-10-16 at max pain $195.00.
IT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
5977000
5977000
135
0
5353500
5353500
140
0
4752000
4752000
145
0
4152000
4152000
150
0
3564000
3564000
155
0
3026500
3026500
160
500
2501500
2502000
165
1000
1987500
1988500
170
2500
1505000
1507500
175
12500
1063500
1076000
180
24500
684000
708500
185
40000
310500
350500
190
59500
129000
188500
195
108500
43000
151500
200
174500
4000
178500
210
381500
0
381500
220
810500
0
810500
230
1331500
0
1331500
240
1954500
0
1954500
250
2579500
0
2579500
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.