Madison Square Garden Sports CoClose $406.95EOD only
Max Pain
$400.00
Next expiry Oct 16, 2026
Expected Move
±$15.45
3.8% from close
Price Gap
-6.95
Distance to max pain
IV Rank
4
Low premium
P/C OI
1.16
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects MSGS 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 — MSGS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $400.00 (6.95 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$400.00
Nearest expiry
Expected Move
±$15.45
±3.8%
Days to Expiry
14
Calendar days
Total Call OI
1,526
Nearest expiry
Total Put OI
853
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$406.95
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
$380.00
8/21/2026, 11:22:48 PM
2026-09-18
$390.00
9/18/2026, 11:22:07 PM
2026-10-16NextUpdated
$400.00
10/2/2026, 11:23:03 PM
2026-11-20
$380.00
10/2/2026, 11:23:03 PM
2027-02-19
$390.00
10/2/2026, 11:23:03 PM
2027-05-21
$420.00
10/2/2026, 11:23:03 PM
Selected expiration: 2026-10-16 at max pain $400.00.
MSGS pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
260
0
11297000
11297000
270
1000
10444000
10445000
290
5000
8738000
8743000
300
7000
7887000
7894000
330
19000
5334000
5353000
340
23000
4487000
4510000
350
27000
3643000
3670000
360
45000
2841000
2886000
370
63000
2062000
2125000
380
90000
1312000
1402000
390
141000
718000
859000
400
278000
279000
557000
410
609000
101000
710000
420
1155000
5000
1160000
430
2187000
1000
2188000
440
3617000
0
3617000
450
5091000
0
5091000
460
6589000
0
6589000
470
8089000
0
8089000
480
9591000
0
9591000
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.