This page reflects KHC 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 — KHC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $23.50 (1.31 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$23.50
Nearest expiry
Expected Move
±$0.62
±2.8%
Days to Expiry
7
Calendar days
Total Call OI
44,879
Nearest expiry
Total Put OI
2,148
Nearest expiry
P/C OI Ratio
0.05
Put-heavy
Spot Price
$22.19
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
$24.00
9/25/2026, 11:19:09 PM
2026-10-02Updated
$23.00
10/2/2026, 11:18:45 PM
2026-10-09Next
$23.50
10/2/2026, 11:18:45 PM
2026-10-16
$24.50
10/2/2026, 11:18:45 PM
2026-10-23
$23.50
10/2/2026, 11:18:45 PM
2026-10-30
$24.50
10/2/2026, 11:18:45 PM
2026-11-06
$25.00
10/2/2026, 11:18:45 PM
2026-11-20
$22.50
10/2/2026, 11:18:45 PM
2026-12-18
$25.00
10/2/2026, 11:18:45 PM
2027-01-15
$25.00
10/2/2026, 11:18:45 PM
2027-03-19
$25.00
10/2/2026, 11:18:45 PM
2027-04-16
$25.00
10/2/2026, 11:18:45 PM
2027-06-17
$25.00
10/2/2026, 11:18:45 PM
2027-09-17
$25.00
10/2/2026, 11:18:45 PM
Selected expiration: 2026-10-09 at max pain $23.50.
KHC pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
1763600
1763600
16
2300
1549400
1551700
17
4700
1335200
1339900
18
8700
1121000
1129700
19
14900
906800
921700
20
21100
692600
713700
21
27400
478400
505800
21.5
31650
372750
404400
22
36000
278200
314200
22.5
44050
190950
235000
23
61350
121300
182650
23.5
93750
63300
157050
24
1174750
18850
1193600
24.5
3305600
8250
3313850
25
5451350
200
5451550
25.5
7637200
100
7637300
26
9838450
50
9838500
26.5
12059150
0
12059150
27
14284950
0
14284950
27.5
16520600
0
16520600
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.