This page reflects MO 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 — MO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $68.00 (0.65 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$68.00
Nearest expiry
Expected Move
±$1.47
±2.2%
Days to Expiry
7
Calendar days
Total Call OI
2,721
Nearest expiry
Total Put OI
1,465
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$67.35
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
$69.00
9/25/2026, 11:21:52 PM
2026-10-02Updated
$68.00
10/2/2026, 11:18:22 PM
2026-10-09Next
$68.00
10/2/2026, 11:18:22 PM
2026-10-16
$69.00
10/2/2026, 11:18:22 PM
2026-10-23
$69.00
10/2/2026, 11:18:22 PM
2026-10-30
$70.00
10/2/2026, 11:18:22 PM
2026-11-06
$70.00
10/2/2026, 11:18:22 PM
2026-11-20
$70.00
10/2/2026, 11:18:22 PM
2026-12-18
$65.00
10/2/2026, 11:18:22 PM
2027-01-15
$65.00
10/2/2026, 11:18:22 PM
2027-03-19
$67.50
10/2/2026, 11:18:22 PM
2027-06-17
$67.50
10/2/2026, 11:18:22 PM
2027-09-17
$65.00
10/2/2026, 11:18:22 PM
Selected expiration: 2026-10-09 at max pain $68.00.
MO pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
3721900
3721900
45
0
2998900
2998900
50
0
2275900
2275900
55
0
1560400
1560400
59
0
999200
999200
60
0
858900
858900
61
0
721400
721400
62
0
584700
584700
63
0
460500
460500
64
0
342200
342200
65
0
231500
231500
66
900
138900
139800
67
12800
72700
85500
68
44400
28800
73200
69
91900
7500
99400
70
168600
200
168800
71
294000
0
294000
72
451700
0
451700
73
661200
0
661200
74
894600
0
894600
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.