This page reflects MOH 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 — MOH
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $195.00 (5.46 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$195.00
Nearest expiry
Expected Move
±$12.50
±6.6%
Days to Expiry
14
Calendar days
Total Call OI
1,869
Nearest expiry
Total Put OI
5,441
Nearest expiry
P/C OI Ratio
2.91
Put-heavy
Spot Price
$189.54
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
$195.00
8/21/2026, 11:18:24 PM
2026-09-18
$195.00
9/18/2026, 11:24:06 PM
2026-10-16NextUpdated
$195.00
10/2/2026, 11:21:47 PM
2026-11-20
$195.00
10/2/2026, 11:21:47 PM
2026-12-18
$200.00
10/2/2026, 11:21:47 PM
2027-01-15
$175.00
10/2/2026, 11:21:47 PM
2027-03-19
$200.00
10/2/2026, 11:21:47 PM
Selected expiration: 2026-10-16 at max pain $195.00.
MOH pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
90
0
48859500
48859500
95
0
46139500
46139500
100
0
43422000
43422000
105
0
40710000
40710000
110
500
38002000
38002500
115
1000
35296000
35297000
120
4500
32591000
32595500
125
9000
29888000
29897000
130
14000
27186000
27200000
135
20500
24484500
24505000
140
27000
21788000
21815000
145
34000
19098500
19132500
150
41000
16410000
16451000
155
48000
13735000
13783000
160
55500
11072500
11128000
165
63500
8426500
8490000
170
72000
5789500
5861500
175
88500
3877500
3966000
180
108000
2136500
2244500
185
131500
762000
893500
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.