This page reflects MOS 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 — MOS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $23.50 (2.43 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$23.50
Nearest expiry
Expected Move
±$1.20
±5.7%
Days to Expiry
7
Calendar days
Total Call OI
4,136
Nearest expiry
Total Put OI
3,230
Nearest expiry
P/C OI Ratio
0.78
Put-heavy
Spot Price
$21.07
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
$24.50
9/25/2026, 11:21:59 PM
2026-10-02Updated
$22.00
10/2/2026, 11:21:32 PM
2026-10-09Next
$23.50
10/2/2026, 11:21:32 PM
2026-10-16
$24.00
10/2/2026, 11:21:32 PM
2026-10-23
$24.00
10/2/2026, 11:21:32 PM
2026-10-30
$23.50
10/2/2026, 11:21:32 PM
2026-11-06
$23.00
10/2/2026, 11:21:32 PM
2026-11-20
$23.00
10/2/2026, 11:21:32 PM
2026-12-18
$24.00
10/2/2026, 11:21:32 PM
2027-01-15
$25.00
10/2/2026, 11:21:32 PM
2027-03-19
$25.00
10/2/2026, 11:21:32 PM
2027-06-17
$24.00
10/2/2026, 11:21:32 PM
2027-09-17
$30.00
10/2/2026, 11:21:32 PM
Selected expiration: 2026-10-09 at max pain $23.50.
MOS pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
14
0
2603150
2603150
16
0
1957350
1957350
17
0
1634650
1634650
18
0
1312050
1312050
19
700
990550
991250
19.5
1400
830350
831750
20
3100
671500
674600
20.5
5100
525050
530150
21
10200
384600
394800
21.5
17200
253950
271150
22
31800
171500
203300
22.5
77000
121950
198950
23
155950
76450
232400
23.5
237000
32450
269450
24
329200
7600
336800
24.5
429900
4450
434350
25
585600
1750
587350
25.5
759200
250
759450
26
942550
0
942550
26.5
1132350
0
1132350
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.