This page reflects KMB 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 — KMB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $98.00 (3.64 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$98.00
Nearest expiry
Expected Move
±$0.93
±1.0%
Days to Expiry
7
Calendar days
Total Call OI
1,458
Nearest expiry
Total Put OI
1,592
Nearest expiry
P/C OI Ratio
1.09
Put-heavy
Spot Price
$94.36
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
$98.00
9/25/2026, 11:16:52 PM
2026-10-02Updated
$96.00
10/2/2026, 11:19:10 PM
2026-10-09Next
$98.00
10/2/2026, 11:19:10 PM
2026-10-16
$100.00
10/2/2026, 11:19:10 PM
2026-10-23
$100.00
10/2/2026, 11:19:10 PM
2026-10-30
$102.00
10/2/2026, 11:19:10 PM
2026-11-06
$102.00
10/2/2026, 11:19:10 PM
2026-11-20
$100.00
10/2/2026, 11:19:10 PM
2026-12-18
$100.00
10/2/2026, 11:19:10 PM
2027-01-15
$105.00
10/2/2026, 11:19:10 PM
2027-03-19
$100.00
10/2/2026, 11:19:10 PM
2027-04-16
$100.00
10/2/2026, 11:19:10 PM
2027-06-17
$100.00
10/2/2026, 11:19:10 PM
2027-09-17
$100.00
10/2/2026, 11:19:10 PM
Selected expiration: 2026-10-09 at max pain $98.00.
KMB pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
2639800
2639800
85
1000
1843800
1844800
87
1400
1525600
1527000
90
2000
1048900
1050900
91
2200
894000
896200
92
2400
740100
742500
93
2600
588700
591300
94
2800
438700
441500
95
3000
313000
316000
96
28500
221300
249800
97
55000
161500
216500
98
82100
119700
201800
99
112000
95400
207400
100
145200
74200
219400
101
253600
54700
308300
102
363200
35200
398400
103
477400
17600
495000
104
598000
0
598000
105
720500
0
720500
106
851000
0
851000
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.