This page reflects MIRM 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 — MIRM
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $105.00 (22.07 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$11.40
±13.8%
Days to Expiry
14
Calendar days
Total Call OI
428
Nearest expiry
Total Put OI
399
Nearest expiry
P/C OI Ratio
0.93
Put-heavy
Spot Price
$82.93
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
$105.00
8/21/2026, 11:21:42 PM
2026-09-18
$100.00
9/18/2026, 11:23:01 PM
2026-10-16NextUpdated
$105.00
10/2/2026, 11:22:45 PM
2026-11-20
$100.00
10/2/2026, 11:22:45 PM
2026-12-18
$85.00
10/2/2026, 11:22:45 PM
2027-01-15
$95.00
10/2/2026, 11:22:45 PM
2027-03-19
$80.00
10/2/2026, 11:22:45 PM
Selected expiration: 2026-10-16 at max pain $105.00.
MIRM pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
2091000
2091000
50
0
1915000
1915000
55
0
1739000
1739000
60
0
1563000
1563000
70
0
1211000
1211000
75
500
1035500
1036000
80
1000
863000
864000
85
1500
692000
693500
90
3000
534000
537000
95
23500
413000
436500
100
72000
298000
370000
105
140500
215500
356000
110
248500
159500
408000
115
371000
110500
481500
120
514000
74500
588500
125
664000
51000
715000
130
825500
31500
857000
135
989000
20000
1009000
140
1154000
8500
1162500
145
1336000
1000
1337000
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.