This page reflects LMB 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 — LMB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $70.00 (20.90 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$4.33
±8.8%
Days to Expiry
14
Calendar days
Total Call OI
328
Nearest expiry
Total Put OI
1,220
Nearest expiry
P/C OI Ratio
3.72
Put-heavy
Spot Price
$49.10
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
$45.00
8/21/2026, 11:22:09 PM
2026-09-18
$45.00
9/18/2026, 11:19:25 PM
2026-10-16NextUpdated
$70.00
10/2/2026, 11:20:38 PM
2026-11-20
$45.00
10/2/2026, 11:20:38 PM
2027-01-15
$50.00
10/2/2026, 11:20:38 PM
2027-04-16
$50.00
10/2/2026, 11:20:38 PM
Selected expiration: 2026-10-16 at max pain $70.00.
LMB pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
2377500
2377500
40
500
1777000
1777500
45
2000
1297000
1299000
50
25500
864000
889500
55
64000
621500
685500
60
144000
533500
677500
65
228500
445500
674000
70
315500
357500
673000
75
409000
269500
678500
80
533500
181500
715000
85
659500
93500
753000
90
796500
5500
802000
95
933500
5000
938500
100
1073000
4500
1077500
105
1215000
4000
1219000
110
1357500
3500
1361000
115
1500500
3000
1503500
120
1644000
2500
1646500
125
1791500
2000
1793500
130
1939000
1500
1940500
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.