This page reflects MP 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 — MP
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $49.00 (2.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$49.00
Nearest expiry
Expected Move
±$2.66
±5.7%
Days to Expiry
7
Calendar days
Total Call OI
6,646
Nearest expiry
Total Put OI
6,076
Nearest expiry
P/C OI Ratio
0.91
Put-heavy
Spot Price
$46.97
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
$49.00
9/25/2026, 11:24:52 PM
2026-10-02Updated
$46.50
10/2/2026, 11:21:10 PM
2026-10-09Next
$49.00
10/2/2026, 11:21:10 PM
2026-10-16
$50.00
10/2/2026, 11:21:10 PM
2026-10-23
$50.00
10/2/2026, 11:21:10 PM
2026-10-30
$49.00
10/2/2026, 11:21:10 PM
2026-11-06
$50.00
10/2/2026, 11:21:10 PM
2026-11-20
$50.00
10/2/2026, 11:21:10 PM
2026-12-18
$50.00
10/2/2026, 11:21:10 PM
2027-01-15
$50.00
10/2/2026, 11:21:10 PM
2027-03-19
$60.00
10/2/2026, 11:21:10 PM
2027-06-17
$55.00
10/2/2026, 11:21:10 PM
Selected expiration: 2026-10-09 at max pain $49.00.
MP pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
9793450
9793450
35
0
6757450
6757450
39
1200
4343450
4344650
40
1500
3742850
3744350
41
1900
3199350
3201250
42
2300
2664150
2666450
42.5
2500
2406900
2409400
43
2700
2153900
2156600
43.5
3650
1908450
1912100
44
4600
1666300
1670900
44.5
5550
1433350
1438900
45
6500
1203450
1209950
45.5
9200
1003100
1012300
46
18000
806750
824750
46.5
37400
621800
659200
47
56800
446450
503250
47.5
79350
380350
459700
48
106950
317400
424350
48.5
139250
262900
402150
49
172950
212750
385700
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.