This page reflects MMM 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 — MMM
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $167.50 (5.61 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$167.50
Nearest expiry
Expected Move
±$4.33
±2.7%
Days to Expiry
7
Calendar days
Total Call OI
937
Nearest expiry
Total Put OI
1,259
Nearest expiry
P/C OI Ratio
1.34
Put-heavy
Spot Price
$161.89
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$165.00
9/25/2026, 11:20:58 PM
2026-10-02Updated
$167.50
10/2/2026, 11:20:04 PM
2026-10-09Next
$167.50
10/2/2026, 11:20:04 PM
2026-10-16
$167.50
10/2/2026, 11:20:04 PM
2026-10-23
$170.00
10/2/2026, 11:20:04 PM
2026-10-30
$170.00
10/2/2026, 11:20:04 PM
2026-11-20
$170.00
10/2/2026, 11:20:04 PM
2026-12-18
$160.00
10/2/2026, 11:20:04 PM
2027-01-15
$160.00
10/2/2026, 11:20:04 PM
2027-03-19
$175.00
10/2/2026, 11:20:04 PM
2027-04-16
$160.00
10/2/2026, 11:20:04 PM
2027-06-17
$170.00
10/2/2026, 11:20:04 PM
2027-09-17
$175.00
10/2/2026, 11:20:04 PM
Selected expiration: 2026-10-09 at max pain $167.50.
MMM pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
10903000
10903000
100
0
10091500
10091500
105
0
9281500
9281500
110
0
8475000
8475000
115
0
7672500
7672500
120
0
6871500
6871500
125
0
6072000
6072000
140
0
3679500
3679500
145
0
2885000
2885000
150
0
2098000
2098000
152.5
1000
1724750
1725750
155
2000
1365000
1367000
157.5
4750
1043000
1047750
160
8500
746500
755000
162.5
18250
491750
510000
165
58750
265500
324250
167.5
176250
90250
266500
170
303500
1500
305000
172.5
498000
0
498000
175
723750
0
723750
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.