Nearest listed expiration 2026-10-05 shows max pain at $722.50 (5.58 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$722.50
Nearest expiry
Expected Move
±$11.48
±1.6%
Days to Expiry
3
Calendar days
Total Call OI
21,208
Nearest expiry
Total Put OI
11,812
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$728.08
Published close
Consensus
6.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-05
Expiration
Max Pain Strike
Last Updated
2026-09-30
$730.00
9/30/2026, 11:22:32 PM
2026-10-02Updated
$712.50
10/2/2026, 11:22:08 PM
2026-10-05Next
$722.50
10/2/2026, 11:22:08 PM
2026-10-07
$732.50
10/2/2026, 11:22:08 PM
2026-10-09
$720.00
10/2/2026, 11:22:08 PM
2026-10-16
$650.00
10/2/2026, 11:22:08 PM
2026-10-23
$700.00
10/2/2026, 11:22:08 PM
2026-10-30
$705.00
10/2/2026, 11:22:08 PM
2026-11-06
$730.00
10/2/2026, 11:22:08 PM
2026-11-20
$630.00
10/2/2026, 11:22:08 PM
2026-12-18
$640.00
10/2/2026, 11:22:08 PM
2027-01-15
$640.00
10/2/2026, 11:22:08 PM
2027-02-19
$600.00
10/2/2026, 11:22:08 PM
2027-03-19
$650.00
10/2/2026, 11:22:08 PM
2027-06-17
$640.00
10/2/2026, 11:22:08 PM
2027-09-17
$600.00
10/2/2026, 11:22:08 PM
Selected expiration: 2026-10-05 at max pain $722.50.
META pain by strike for 2026-10-05 expiration
Strike
Call Pain
Put Pain
Total Pain
515
0
223413250
223413250
520
0
217511750
217511750
530
0
205709750
205709750
540
0
193918750
193918750
570
0
158563750
158563750
580
0
146785750
146785750
590
0
135017750
135017750
595
0
129137750
129137750
600
0
123258250
123258250
605
25500
117396750
117422250
610
51000
111540250
111591250
615
81500
105683750
105765250
620
112500
99830750
99943250
625
143500
94036250
94179750
630
175000
88306250
88481250
635
208000
82592250
82800250
637.5
225500
79748500
79974000
640
243000
76911250
77154250
642.5
260500
74088000
74348500
645
280250
71267250
71547500
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.