This page reflects MEDP 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 — MEDP
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $620.00 (20.53 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$620.00
Nearest expiry
Expected Move
±$29.15
±4.9%
Days to Expiry
14
Calendar days
Total Call OI
173
Nearest expiry
Total Put OI
734
Nearest expiry
P/C OI Ratio
4.24
Put-heavy
Spot Price
$599.47
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
$560.00
8/21/2026, 11:23:09 PM
2026-09-18
$580.00
9/18/2026, 11:20:10 PM
2026-10-16NextUpdated
$620.00
10/2/2026, 11:19:40 PM
2026-11-20
$650.00
10/2/2026, 11:19:40 PM
2026-12-18
$570.00
10/2/2026, 11:19:40 PM
2027-01-15
$480.00
10/2/2026, 11:19:40 PM
2027-03-19
$590.00
10/2/2026, 11:19:40 PM
2027-05-21
$640.00
10/2/2026, 11:19:40 PM
2027-08-20
$630.00
10/2/2026, 11:19:40 PM
Selected expiration: 2026-10-16 at max pain $620.00.
MEDP pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
470
0
8731000
8731000
480
0
7998000
7998000
520
16000
5066000
5082000
530
20000
4358000
4378000
540
24000
3651000
3675000
550
28000
2969000
2997000
560
32000
2315000
2347000
570
36000
1670000
1706000
580
40000
1037000
1077000
590
45000
418000
463000
600
52000
144000
196000
610
60000
72000
132000
620
73000
2000
75000
630
110000
0
110000
640
159000
0
159000
650
220000
0
220000
660
321000
0
321000
670
441000
0
441000
680
599000
0
599000
690
762000
0
762000
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.