This page reflects MBLY 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 — MBLY
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $7.50 (0.08 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.50
Nearest expiry
Expected Move
±$0.42
±5.6%
Days to Expiry
7
Calendar days
Total Call OI
3,899
Nearest expiry
Total Put OI
2,588
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$7.42
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
$7.00
9/25/2026, 11:17:59 PM
2026-10-02Updated
$1.00
10/2/2026, 11:19:38 PM
2026-10-09Next
$7.50
10/2/2026, 11:19:38 PM
2026-10-16
$8.00
10/2/2026, 11:19:38 PM
2026-10-23
$3.00
10/2/2026, 11:19:38 PM
2026-10-30
$2.00
10/2/2026, 11:19:38 PM
2026-11-06
$2.00
10/2/2026, 11:19:38 PM
2026-11-20
$10.00
10/2/2026, 11:19:38 PM
2027-01-15
$10.00
10/2/2026, 11:19:38 PM
2027-02-19
$8.00
10/2/2026, 11:19:38 PM
2027-05-21
$15.00
10/2/2026, 11:19:38 PM
Selected expiration: 2026-10-09 at max pain $7.50.
MBLY pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
1377350
1377350
3
39200
1118550
1157750
3.5
73850
989150
1063000
4
108550
859750
968300
4.5
152600
730350
882950
5
197800
600950
798750
5.5
245450
471550
717000
6
293200
342150
635350
6.5
342200
212750
554950
7
391500
107100
498600
7.5
441700
25900
467600
8
523700
11850
535550
8.5
617750
5250
623000
9
735650
0
735650
9.5
922950
0
922950
10
1111950
0
1111950
10.5
1305050
0
1305050
11
1498750
0
1498750
11.5
1692500
0
1692500
12
1887150
0
1887150
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.