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MRNA

Moderna, Inc.Close $190.01EOD only
Max Pain
$165.00
Next expiry Oct 9, 2026
Expected Move
±$15.53
8.2% from close
Price Gap
-25.01
Distance to max pain
IV Rank
24
Low premium
P/C OI
1.33
Slightly put-heavy
Consensus
3/4
Partial coverage
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects MRNA 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 — MRNA
Data as of market close Oct 2, 2026
Open Available Reports (3/4)

Nearest listed expiration 2026-10-09 shows max pain at $165.00 (25.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$165.00
Nearest expiry
Expected Move
±$15.53
±8.2%
Days to Expiry
7
Calendar days
Total Call OI
16,212
Nearest expiry
Total Put OI
10,534
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$190.01
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$162.509/25/2026, 11:19:21 PM
2026-10-02Updated$175.0010/2/2026, 11:18:43 PM
2026-10-09Next$165.0010/2/2026, 11:18:43 PM
2026-10-16$150.0010/2/2026, 11:18:43 PM
2026-10-23$165.0010/2/2026, 11:18:43 PM
2026-10-30$172.5010/2/2026, 11:18:43 PM
2026-11-06$180.0010/2/2026, 11:18:43 PM
2026-11-20$160.0010/2/2026, 11:18:43 PM
2026-12-18$70.0010/2/2026, 11:18:43 PM
2027-01-15$60.0010/2/2026, 11:18:43 PM
2027-03-19$130.0010/2/2026, 11:18:43 PM
2027-04-16$145.0010/2/2026, 11:18:43 PM
2027-06-17$95.0010/2/2026, 11:18:43 PM
Selected expiration: 2026-10-09 at max pain $165.00.
MRNA pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
7508731265087312650
80105008204765082058150
85210007679015076811150
90375007155215071589650
95590006637615066435150
100815006125265061334150
1051050005616115056266150
1101290005107865051207650
1151550004607615046231150
1206200004112115041741150
12413428003720955038552350
12515255003623225037757750
12617106003527575036986350
12718977003432195036219650
12820868003336955035456350
12922780003241905034697050
13024713003147185033943150
13126669003059875033265650
13228645002972755032592050
13330635002885925031922750
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.