thetaOwl

MA

Mastercard IncorporatedClose $552.26EOD only
Max Pain
$565.00
Next expiry Oct 9, 2026
Expected Move
±$12.50
2.3% from close
Price Gap
+12.74
Distance to max pain
IV Rank
11
Low premium
P/C OI
1.06
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects MA 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 — MA
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $565.00 (12.74 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$565.00
Nearest expiry
Expected Move
±$12.50
±2.3%
Days to Expiry
7
Calendar days
Total Call OI
769
Nearest expiry
Total Put OI
1,003
Nearest expiry
P/C OI Ratio
1.30
Put-heavy
Spot Price
$552.26
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$567.509/25/2026, 11:18:37 PM
2026-10-02Updated$560.0010/2/2026, 11:21:08 PM
2026-10-09Next$565.0010/2/2026, 11:21:08 PM
2026-10-16$565.0010/2/2026, 11:21:08 PM
2026-10-23$565.0010/2/2026, 11:21:08 PM
2026-10-30$570.0010/2/2026, 11:21:08 PM
2026-11-06$555.0010/2/2026, 11:21:08 PM
2026-11-20$555.0010/2/2026, 11:21:08 PM
2026-12-18$540.0010/2/2026, 11:21:08 PM
2027-01-15$550.0010/2/2026, 11:21:08 PM
2027-03-19$540.0010/2/2026, 11:21:08 PM
2027-04-16$565.0010/2/2026, 11:21:08 PM
2027-06-17$550.0010/2/2026, 11:21:08 PM
2027-09-17$600.0010/2/2026, 11:21:08 PM
Selected expiration: 2026-10-09 at max pain $565.00.
MA pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
37001811300018113000
460090950009095000
470080940008094000
485150065925006594000
495350055915005595000
500450050950005099500
505600046080004614000
510750041260004133500
515900036635003672500
5201250032080003220500
5251800027665002784500
5302500023285002353500
5353250019010001933500
5404050014890001529500
542.54500012975001342500
5454950011125001162000
547.5577509622501020000
55066000817250883250
552.578250688500766750
55592750565250658000
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.