Jefferies Financial Group Inc.Close $45.97EOD only
Max Pain
$50.00
Next expiry Oct 16, 2026
Expected Move
±$2.92
6.4% from close
Price Gap
+4.03
Distance to max pain
IV Rank
6
Low premium
P/C OI
2.11
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects JEF 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 — JEF
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $50.00 (4.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$2.92
±6.4%
Days to Expiry
14
Calendar days
Total Call OI
3,555
Nearest expiry
Total Put OI
6,032
Nearest expiry
P/C OI Ratio
1.70
Put-heavy
Spot Price
$45.97
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
$55.00
8/21/2026, 11:18:52 PM
2026-09-18
$50.00
9/18/2026, 11:18:32 PM
2026-10-16NextUpdated
$50.00
10/2/2026, 11:19:24 PM
2026-11-20
$50.00
10/2/2026, 11:19:24 PM
2026-12-18
$52.50
10/2/2026, 11:19:24 PM
2027-01-15
$57.50
10/2/2026, 11:19:24 PM
2027-03-19
$47.50
10/2/2026, 11:19:24 PM
Selected expiration: 2026-10-16 at max pain $50.00.
JEF pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
32.5
0
6212750
6212750
35
0
4717750
4717750
37.5
0
3356500
3356500
40
0
2140250
2140250
42.5
500
1165500
1166000
45
1000
550250
551250
47.5
10750
149250
160000
50
63000
83250
146250
52.5
424750
25000
449750
55
905000
4250
909250
57.5
1621000
1750
1622750
60
2447250
0
2447250
62.5
3296750
0
3296750
65
4177250
0
4177250
75
7732250
0
7732250
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.