thetaOwl

MLM

Martin Marietta Materials, Inc.Close $482.27EOD only
Max Pain
$500.00
Next expiry Oct 16, 2026
Expected Move
±$22.75
4.7% from close
Price Gap
+17.73
Distance to max pain
IV Rank
14
Low premium
P/C OI
0.38
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-10-16 shows max pain at $500.00 (17.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$500.00
Nearest expiry
Expected Move
±$22.75
±4.7%
Days to Expiry
14
Calendar days
Total Call OI
1,551
Nearest expiry
Total Put OI
422
Nearest expiry
P/C OI Ratio
0.27
Put-heavy
Spot Price
$482.27
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$540.008/21/2026, 11:22:50 PM
2026-09-18$500.009/18/2026, 11:20:44 PM
2026-10-16NextUpdated$500.0010/2/2026, 11:16:18 PM
2026-11-20$550.0010/2/2026, 11:16:18 PM
2027-01-15$530.0010/2/2026, 11:16:18 PM
2027-04-16$500.0010/2/2026, 11:16:18 PM
Selected expiration: 2026-10-16 at max pain $500.00.
MLM pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
350070760007076000
360066590006659000
370062420006242000
390054080005408000
410045740004574000
420041590004159000
430037480003748000
440033430003343000
450029480002948000
460025690002569000
470100022020002203000
48017700018870002064000
49040700016040002011000
50065300013470002000000
510111300011210002234000
52016060009030002509000
53024420007100003152000
54033830005250003908000
55043340003440004678000
56053080001650005473000
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.