Nearest listed expiration 2026-10-09 shows max pain at $250.00 (22.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$250.00
Nearest expiry
Expected Move
±$20.45
±7.5%
Days to Expiry
7
Calendar days
Total Call OI
30,285
Nearest expiry
Total Put OI
33,462
Nearest expiry
P/C OI Ratio
1.10
Put-heavy
Spot Price
$272.29
Published close
Consensus
6.5/10
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
$242.50
9/25/2026, 11:23:19 PM
2026-10-02Updated
$250.00
10/2/2026, 11:22:12 PM
2026-10-09Next
$250.00
10/2/2026, 11:22:12 PM
2026-10-16
$245.00
10/2/2026, 11:22:12 PM
2026-10-23
$255.00
10/2/2026, 11:22:12 PM
2026-10-30
$260.00
10/2/2026, 11:22:12 PM
2026-11-06
$275.00
10/2/2026, 11:22:12 PM
2026-11-20
$220.00
10/2/2026, 11:22:12 PM
2026-12-18
$200.00
10/2/2026, 11:22:12 PM
2027-01-15
$170.00
10/2/2026, 11:22:12 PM
2027-02-19
$240.00
10/2/2026, 11:22:12 PM
2027-03-19
$220.00
10/2/2026, 11:22:12 PM
2027-04-16
$260.00
10/2/2026, 11:22:12 PM
2027-05-21
$250.00
10/2/2026, 11:22:12 PM
2027-06-17
$195.00
10/2/2026, 11:22:12 PM
2027-09-17
$240.00
10/2/2026, 11:22:12 PM
Selected expiration: 2026-10-09 at max pain $250.00.
MRVL pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
125
0
268333000
268333000
130
9500
251779000
251788500
135
44000
235257000
235301000
140
88500
218748500
218837000
145
137000
202369500
202506500
150
192000
186011000
186203000
155
249500
169899500
170149000
160
320500
153877000
154197500
165
393500
138068000
138461500
170
476500
122881000
123357500
175
574500
111284000
111858500
180
705500
100091500
100797000
185
849500
89158000
90007500
190
1004500
78914500
79919000
195
1184500
69311000
70495500
200
1374500
60278000
61652500
205
1649000
52422500
54071500
210
1935500
44940000
46875500
215
2316500
37900500
40217000
217.5
2568500
34508750
37077250
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.