This page reflects ITUB 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 — ITUB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $8.00 (0.59 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$8.00
Nearest expiry
Expected Move
±$0.90
±10.5%
Days to Expiry
14
Calendar days
Total Call OI
7,884
Nearest expiry
Total Put OI
4,752
Nearest expiry
P/C OI Ratio
0.60
Put-heavy
Spot Price
$8.59
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
$8.00
8/21/2026, 11:18:55 PM
2026-09-18
$8.00
9/18/2026, 11:19:40 PM
2026-10-16NextUpdated
$8.00
10/2/2026, 11:15:31 PM
2026-11-20
$8.00
10/2/2026, 11:15:31 PM
2026-12-18
$8.00
10/2/2026, 11:15:31 PM
2027-01-15
$8.00
10/2/2026, 11:15:31 PM
2027-02-19
$7.00
10/2/2026, 11:15:31 PM
2027-03-19
$6.00
10/2/2026, 11:15:31 PM
2027-06-17
$5.00
10/2/2026, 11:15:31 PM
Selected expiration: 2026-10-16 at max pain $8.00.
ITUB pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
3302900
3302900
2
600
2827800
2828400
3
1200
2352900
2354100
5
2600
1403300
1405900
6
3500
928500
932000
7
4500
455200
459700
8
90500
4300
94800
9
580700
2100
582800
10
1368100
0
1368100
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.