iShares iBoxx Investment Grade Corporate Bond ETFClose $101.83EOD only
Max Pain
$103.50
Next expiry Oct 9, 2026
Expected Move
±$0.77
0.8% from close
Price Gap
+1.67
Distance to max pain
IV Rank
34
Middle-high premium
P/C OI
1.29
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects LQD 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 — LQD
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $103.50 (1.67 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$103.50
Nearest expiry
Expected Move
±$0.77
±0.8%
Days to Expiry
7
Calendar days
Total Call OI
17,946
Nearest expiry
Total Put OI
7,318
Nearest expiry
P/C OI Ratio
0.41
Put-heavy
Spot Price
$101.83
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
$105.00
9/25/2026, 11:18:07 PM
2026-10-02Updated
$103.50
10/2/2026, 11:20:08 PM
2026-10-09Next
$103.50
10/2/2026, 11:20:08 PM
2026-10-16
$105.00
10/2/2026, 11:20:08 PM
2026-10-23
$104.00
10/2/2026, 11:20:08 PM
2026-10-30
$103.00
10/2/2026, 11:20:08 PM
2026-11-06
$103.00
10/2/2026, 11:20:08 PM
2026-11-20
$105.00
10/2/2026, 11:20:08 PM
2026-12-18
$106.00
10/2/2026, 11:20:08 PM
2027-01-15
$105.00
10/2/2026, 11:20:08 PM
2027-02-19
$108.00
10/2/2026, 11:20:08 PM
2027-03-19
$104.00
10/2/2026, 11:20:08 PM
2027-04-16
$108.00
10/2/2026, 11:20:08 PM
2027-05-21
$108.00
10/2/2026, 11:20:08 PM
2027-06-17
$104.00
10/2/2026, 11:20:08 PM
2027-07-16
$99.00
10/2/2026, 11:20:08 PM
2027-08-20
$103.00
10/2/2026, 11:20:08 PM
2027-09-17
$100.00
10/2/2026, 11:20:08 PM
Selected expiration: 2026-10-09 at max pain $103.50.
LQD pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
94
0
5577750
5577750
95
1400
4845950
4847350
96
6400
4114350
4120750
97
16500
3382750
3399250
98
26600
2651150
2677750
100
46800
1188150
1234950
100.5
51850
854900
906750
101
56900
580100
637000
101.5
62450
332800
395250
102
68250
157700
225950
102.5
76600
69200
145800
103
151850
44650
196500
103.5
252650
21050
273700
104
494650
0
494650
104.5
772550
0
772550
105
1107650
0
1107650
105.5
1942950
0
1942950
106
2835950
0
2835950
106.5
3733000
0
3733000
107.5
5527400
0
5527400
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.