This page reflects MDT 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 — MDT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $87.00 (0.62 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$87.00
Nearest expiry
Expected Move
±$3.42
±4.0%
Days to Expiry
7
Calendar days
Total Call OI
6,880
Nearest expiry
Total Put OI
2,693
Nearest expiry
P/C OI Ratio
0.39
Put-heavy
Spot Price
$86.38
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
$91.00
9/25/2026, 11:18:31 PM
2026-10-02Updated
$87.00
10/2/2026, 11:17:03 PM
2026-10-09Next
$87.00
10/2/2026, 11:17:03 PM
2026-10-16
$90.00
10/2/2026, 11:17:03 PM
2026-10-23
$90.00
10/2/2026, 11:17:03 PM
2026-10-30
$88.00
10/2/2026, 11:17:03 PM
2026-11-06
$88.00
10/2/2026, 11:17:03 PM
2026-11-20
$90.00
10/2/2026, 11:17:03 PM
2026-12-18
$85.00
10/2/2026, 11:17:03 PM
2027-01-15
$87.50
10/2/2026, 11:17:03 PM
2027-02-19
$90.00
10/2/2026, 11:17:03 PM
2027-03-19
$85.00
10/2/2026, 11:17:03 PM
2027-05-21
$95.00
10/2/2026, 11:17:03 PM
2027-06-17
$87.50
10/2/2026, 11:17:03 PM
2027-09-17
$85.00
10/2/2026, 11:17:03 PM
Selected expiration: 2026-10-09 at max pain $87.00.
MDT pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
7747300
7747300
65
0
6313800
6313800
80
0
2014800
2014800
81
0
1728200
1728200
82
0
1443300
1443300
83
0
1160500
1160500
84
0
881600
881600
85
0
610100
610100
86
2200
348000
350200
87
51500
96300
147800
88
116300
58900
175200
89
492000
27500
519500
90
878700
10800
889500
91
1369400
6500
1375900
92
1892800
2800
1895600
93
2443200
200
2443400
94
3001200
0
3001200
95
3607000
0
3607000
96
4278800
0
4278800
97
5003000
0
5003000
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.