This page reflects LIN 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 — LIN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $475.00 (4.48 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$475.00
Nearest expiry
Expected Move
±$14.25
±3.0%
Days to Expiry
14
Calendar days
Total Call OI
4,550
Nearest expiry
Total Put OI
5,012
Nearest expiry
P/C OI Ratio
1.10
Put-heavy
Spot Price
$479.48
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
$490.00
8/21/2026, 11:19:28 PM
2026-09-18
$480.00
9/18/2026, 11:20:47 PM
2026-10-16NextUpdated
$475.00
10/2/2026, 11:19:47 PM
2026-11-20
$500.00
10/2/2026, 11:19:47 PM
2026-12-18
$480.00
10/2/2026, 11:19:47 PM
2027-01-15
$495.00
10/2/2026, 11:19:47 PM
2027-03-19
$480.00
10/2/2026, 11:19:47 PM
2027-04-16
$460.00
10/2/2026, 11:19:47 PM
2027-06-17
$505.00
10/2/2026, 11:19:47 PM
2027-09-17
$475.00
10/2/2026, 11:19:47 PM
Selected expiration: 2026-10-16 at max pain $475.00.
LIN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
310
0
73874000
73874000
320
0
68831000
68831000
330
0
63800000
63800000
340
0
58769000
58769000
350
0
53745000
53745000
360
1000
48725000
48726000
370
2000
43711000
43713000
380
3000
38699000
38702000
385
4000
36195500
36199500
390
5000
33708000
33713000
395
11000
31220500
31231500
400
17000
28734500
28751500
405
23500
26297500
26321000
410
30000
23873000
23903000
415
37000
21536000
21573000
420
44000
19214500
19258500
425
51000
16953000
17004000
430
58000
14732500
14790500
435
66500
12580500
12647000
440
75000
10518000
10593000
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.