What is JPM max pain this week?

JPM max pain for the nearest expiration (2026-10-09) is $332.50. Total call open interest: 16,813. Total put open interest: 9,309.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options JPMMax Pain

JPM

JP Morgan Chase & Co.Close $332.38EOD only

Max Pain

$332.50

Next expiry Oct 9, 2026

Expected Move

±$7.52

2.3% from close

Price Gap

+0.12

Distance to max pain

IV Rank

Low premium

P/C OI

0.98

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: Oct 2, 2026 close

End-of-day snapshot

This page reflects JPM 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 — JPM

Data as of market close Oct 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-10-09 shows max pain at $332.50 (0.12 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$332.50

Nearest expiry

Expected Move

±$7.52

±2.3%

Days to Expiry

Calendar days

Total Call OI

16,813

Nearest expiry

Total Put OI

9,309

Nearest expiry

P/C OI Ratio

0.55

Put-heavy

Spot Price

$332.38

Published close

Consensus

Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration

Selected: 2026-10-09

Expiration	Max Pain Strike	Last Updated
2026-09-25	$340.00	9/25/2026, 11:20:39 PM
2026-10-02Updated	$335.00	10/2/2026, 11:17:41 PM
2026-10-09Next	$332.50	10/2/2026, 11:17:41 PM
2026-10-16	$340.00	10/2/2026, 11:17:41 PM
2026-10-23	$335.00	10/2/2026, 11:17:41 PM
2026-10-30	$340.00	10/2/2026, 11:17:41 PM
2026-11-06	$350.00	10/2/2026, 11:17:41 PM
2026-11-20	$340.00	10/2/2026, 11:17:41 PM
2026-12-18	$330.00	10/2/2026, 11:17:41 PM
2027-01-15	$310.00	10/2/2026, 11:17:41 PM
2027-03-19	$330.00	10/2/2026, 11:17:41 PM
2027-06-17	$330.00	10/2/2026, 11:17:41 PM
2027-09-17	$330.00	10/2/2026, 11:17:41 PM

Selected expiration: 2026-10-09 at max pain $332.50.

JPM pain by strike for 2026-10-09 expiration
Strike	Call Pain	Put Pain	Total Pain
185	0	130804750	130804750
210	0	107539750	107539750
235	0	84579750	84579750
240	0	80009750	80009750
260	0	61735750	61735750
280	0	43471750	43471750
285	500	38907750	38908250
290	1000	34355250	34356250
295	1500	29865750	29867250
300	3000	25410750	25413750
305	7500	21101250	21108750
310	12000	16896250	16908250
315	18500	12799250	12817750
317.5	23000	10966000	10989000
320	27500	9220250	9247750
322.5	54000	7648250	7702250
325	80500	6184750	6265250
327.5	116000	4946750	5062750
330	200250	3795000	3995250
332.5	339750	2970750	3310500

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.