thetaOwl

MELI

MercadoLibre, Inc.Close $1696.56EOD only
Max Pain
$1745.00
Next expiry Oct 9, 2026
Expected Move
±$74.00
4.4% from close
Price Gap
+48.44
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.76
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-10-09 shows max pain at $1745.00 (48.44 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$1745.00
Nearest expiry
Expected Move
±$74.00
±4.4%
Days to Expiry
7
Calendar days
Total Call OI
3,113
Nearest expiry
Total Put OI
1,334
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$1696.56
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$1760.009/25/2026, 11:24:42 PM
2026-10-02Updated$1720.0010/2/2026, 11:18:40 PM
2026-10-09Next$1745.0010/2/2026, 11:18:40 PM
2026-10-16$1780.0010/2/2026, 11:18:40 PM
2026-10-23$1790.0010/2/2026, 11:18:40 PM
2026-10-30$1760.0010/2/2026, 11:18:40 PM
2026-11-06$1730.0010/2/2026, 11:18:40 PM
2026-11-20$1740.0010/2/2026, 11:18:40 PM
2026-12-18$1850.0010/2/2026, 11:18:40 PM
2027-01-15$1700.0010/2/2026, 11:18:40 PM
2027-03-19$1800.0010/2/2026, 11:18:40 PM
2027-06-17$1900.0010/2/2026, 11:18:40 PM
2027-09-17$1800.0010/2/2026, 11:18:40 PM
Selected expiration: 2026-10-09 at max pain $1745.00.
MELI pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
120006516525065165250
122006251725062517250
130005196525051965250
136004405725044057250
143003483825034838250
144010003352125033522250
145020003220625032208250
146060003089525030901250
1470100002958425029594250
1490220002696225026984250
1500280002565325025681250
1510340002435225024386250
1520400002305325023093250
1530460002176325021809250
1540520002048925020541250
1550580001923325019291250
1560640001799025018054250
1570700001677125016841250
1580760001557625015652250
1590850001440125014486250
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.