Madison Square Garden EntertainClose $80.01EOD only
Max Pain
$70.00
Next expiry Oct 16, 2026
Expected Move
±$3.70
4.6% from close
Price Gap
-10.01
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.48
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 5, 2026 close
End-of-day snapshot
This page reflects MSGE options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — MSGE
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $70.00 (10.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$3.70
±4.6%
Days to Expiry
11
Calendar days
Total Call OI
179
Nearest expiry
Total Put OI
49
Nearest expiry
P/C OI Ratio
0.27
Put-heavy
Spot Price
$80.01
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
$75.00
8/21/2026, 11:24:23 PM
2026-09-18
$75.00
9/18/2026, 11:21:10 PM
2026-10-16NextUpdated
$70.00
10/5/2026, 11:21:10 PM
2026-11-20
$70.00
10/5/2026, 11:21:10 PM
2027-01-15
$75.00
10/5/2026, 11:21:10 PM
2027-04-16
$80.00
10/5/2026, 11:21:10 PM
Selected expiration: 2026-10-16 at max pain $70.00.
MSGE pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
175500
175500
40
0
151000
151000
45
0
126500
126500
50
0
102500
102500
55
500
78500
79000
60
1000
54500
55500
65
1500
35500
37000
70
5500
19500
25000
75
24500
7000
31500
80
57000
1500
58500
85
106500
1000
107500
90
193500
500
194000
95
282500
0
282500
100
371500
0
371500
105
460500
0
460500
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.