This page reflects MAS 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 — MAS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $70.00 (1.64 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
±$3.75
±5.5%
Days to Expiry
14
Calendar days
Total Call OI
2,979
Nearest expiry
Total Put OI
2,413
Nearest expiry
P/C OI Ratio
0.81
Put-heavy
Spot Price
$68.36
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
$85.00
8/21/2026, 11:17:52 PM
2026-09-18
$70.00
9/18/2026, 11:20:25 PM
2026-10-16NextUpdated
$70.00
10/2/2026, 11:19:33 PM
2026-11-20
$65.00
10/2/2026, 11:19:33 PM
2027-01-15
$80.00
10/2/2026, 11:19:33 PM
2027-04-16
$80.00
10/2/2026, 11:19:33 PM
Selected expiration: 2026-10-16 at max pain $70.00.
MAS pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
8310000
8310000
40
0
7104000
7104000
45
5500
5898000
5903500
50
11000
4692000
4703000
55
17000
3490500
3507500
60
23000
2305000
2328000
65
59000
1145500
1204500
70
116500
32500
149000
75
312500
7500
320000
80
557500
5000
562500
85
1947000
2500
1949500
90
3401000
0
3401000
95
4855000
0
4855000
100
6333500
0
6333500
105
7820500
0
7820500
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.