This page reflects ITT 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 — ITT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $200.00 (6.17 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$200.00
Nearest expiry
Expected Move
±$9.50
±4.6%
Days to Expiry
14
Calendar days
Total Call OI
680
Nearest expiry
Total Put OI
1,100
Nearest expiry
P/C OI Ratio
1.62
Put-heavy
Spot Price
$206.17
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
$195.00
8/21/2026, 11:19:26 PM
2026-09-18
$200.00
9/18/2026, 11:18:20 PM
2026-10-16NextUpdated
$200.00
10/2/2026, 11:17:13 PM
2026-11-20
$210.00
10/2/2026, 11:17:13 PM
2027-01-15
$190.00
10/2/2026, 11:17:13 PM
2027-04-16
$195.00
10/2/2026, 11:17:13 PM
Selected expiration: 2026-10-16 at max pain $200.00.
ITT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
6537500
6537500
135
0
5987500
5987500
140
0
5438500
5438500
145
0
4891500
4891500
150
0
4349500
4349500
155
0
3807500
3807500
160
0
3270500
3270500
165
0
2737000
2737000
170
0
2203500
2203500
175
1500
1687500
1689000
180
3500
1182000
1185500
185
5500
785000
790500
190
7500
388000
395500
195
9500
38500
48000
200
14500
17000
31500
210
50500
7000
57500
220
372500
0
372500
230
881500
0
881500
240
1538500
0
1538500
250
2209500
0
2209500
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.