This page reflects LOW 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 — LOW
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $190.00 (9.20 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$190.00
Nearest expiry
Expected Move
±$2.17
±1.2%
Days to Expiry
7
Calendar days
Total Call OI
935
Nearest expiry
Total Put OI
1,947
Nearest expiry
P/C OI Ratio
2.08
Put-heavy
Spot Price
$180.80
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
$192.50
9/25/2026, 11:17:58 PM
2026-10-02Updated
$187.50
10/2/2026, 11:20:03 PM
2026-10-09Next
$190.00
10/2/2026, 11:20:03 PM
2026-10-16
$200.00
10/2/2026, 11:20:03 PM
2026-10-23
$185.00
10/2/2026, 11:20:03 PM
2026-10-30
$195.00
10/2/2026, 11:20:03 PM
2026-11-06
$185.00
10/2/2026, 11:20:03 PM
2026-11-20
$190.00
10/2/2026, 11:20:03 PM
2026-12-18
$220.00
10/2/2026, 11:20:03 PM
2027-01-15
$220.00
10/2/2026, 11:20:03 PM
2027-03-19
$210.00
10/2/2026, 11:20:03 PM
2027-04-16
$195.00
10/2/2026, 11:20:03 PM
2027-06-17
$210.00
10/2/2026, 11:20:03 PM
2027-09-17
$220.00
10/2/2026, 11:20:03 PM
Selected expiration: 2026-10-09 at max pain $190.00.
LOW pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
150
0
6462500
6462500
160
1000
4239500
4240500
165
2000
3131500
3133500
167.5
2750
2577750
2580500
170
3500
2036750
2040250
172.5
6500
1550000
1556500
175
10500
1073500
1084000
177.5
16250
656750
673000
180
24750
288250
313000
182.5
36500
196750
233250
185
85500
120000
205500
187.5
142250
69750
212000
190
207500
27750
235250
192.5
302000
13000
315000
195
415000
500
415500
197.5
552750
250
553000
200
704250
0
704250
202.5
899000
0
899000
205
1106750
0
1106750
207.5
1328500
0
1328500
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.