thetaOwl

KO

Coca-Cola Company (The)Close $85.65EOD only
Max Pain
$87.00
Next expiry Oct 9, 2026
Expected Move
±$1.61
1.9% from close
Price Gap
+1.35
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.85
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects KO 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 — KO
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $87.00 (1.35 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$87.00
Nearest expiry
Expected Move
±$1.61
±1.9%
Days to Expiry
7
Calendar days
Total Call OI
20,735
Nearest expiry
Total Put OI
8,118
Nearest expiry
P/C OI Ratio
0.39
Put-heavy
Spot Price
$85.65
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$88.009/25/2026, 11:17:10 PM
2026-10-02Updated$87.0010/2/2026, 11:18:11 PM
2026-10-09Next$87.0010/2/2026, 11:18:11 PM
2026-10-16$87.5010/2/2026, 11:18:11 PM
2026-10-23$86.0010/2/2026, 11:18:11 PM
2026-10-30$87.0010/2/2026, 11:18:11 PM
2026-11-06$87.0010/2/2026, 11:18:11 PM
2026-11-20$85.0010/2/2026, 11:18:11 PM
2026-12-18$80.0010/2/2026, 11:18:11 PM
2027-01-15$75.0010/2/2026, 11:18:11 PM
2027-02-19$82.5010/2/2026, 11:18:11 PM
2027-03-19$80.0010/2/2026, 11:18:11 PM
2027-05-21$85.0010/2/2026, 11:18:11 PM
2027-06-17$85.0010/2/2026, 11:18:11 PM
2027-09-17$80.0010/2/2026, 11:18:11 PM
Selected expiration: 2026-10-09 at max pain $87.00.
KO pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
4503287570032875700
7001258070012580700
75100085227008523700
76120077133007714500
77170069050006906700
78230060985006100800
79290052952005298100
80350044939004497400
81440036983003702700
821010029225002932600
832030021584002178700
843050014116001442100
8549900782200832100
8679300334400413700
8729170099800391500
881198200227001220900
89282450053002829800
9045156003004515900
91633120006331200
92820610008206100
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.