This page reflects LAD 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 — LAD
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $320.00 (12.23 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$320.00
Nearest expiry
Expected Move
±$15.20
±4.9%
Days to Expiry
14
Calendar days
Total Call OI
84
Nearest expiry
Total Put OI
72
Nearest expiry
P/C OI Ratio
0.86
Put-heavy
Spot Price
$307.77
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
$310.00
8/21/2026, 11:19:43 PM
2026-09-18
$280.00
9/18/2026, 11:20:08 PM
2026-10-16NextUpdated
$320.00
10/2/2026, 11:17:37 PM
2026-11-20
$270.00
10/2/2026, 11:17:37 PM
2026-12-18
$350.00
10/2/2026, 11:17:37 PM
2027-03-19
$320.00
10/2/2026, 11:17:37 PM
2027-06-17
$300.00
10/2/2026, 11:17:37 PM
Selected expiration: 2026-10-16 at max pain $320.00.
LAD pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
220
0
870000
870000
260
0
438000
438000
270
0
333000
333000
280
1000
228000
229000
290
2000
128000
130000
300
3000
41000
44000
310
6000
20000
26000
320
15000
8000
23000
330
35000
3000
38000
340
57000
0
57000
350
82000
0
82000
360
120000
0
120000
370
196000
0
196000
380
325000
0
325000
400
585000
0
585000
410
716000
0
716000
420
848000
0
848000
430
1011000
0
1011000
450
1337000
0
1337000
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.