This page reflects MTRN 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 — MTRN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $260.00 (52.16 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$260.00
Nearest expiry
Expected Move
±$14.40
±4.6%
Days to Expiry
14
Calendar days
Total Call OI
60
Nearest expiry
Total Put OI
37
Nearest expiry
P/C OI Ratio
0.62
Put-heavy
Spot Price
$312.16
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
$240.00
8/21/2026, 11:24:16 PM
2026-09-18
$150.00
9/18/2026, 11:21:36 PM
2026-10-16NextUpdated
$260.00
10/2/2026, 11:23:15 PM
2026-11-20
$220.00
10/2/2026, 11:23:15 PM
2026-12-18
$200.00
10/2/2026, 11:23:15 PM
2027-03-19
$190.00
10/2/2026, 11:23:15 PM
Selected expiration: 2026-10-16 at max pain $260.00.
MTRN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
170
0
157500
157500
175
0
139500
139500
180
0
123000
123000
185
0
106500
106500
190
500
92000
92500
200
1500
66000
67500
210
2500
43000
45500
220
3500
22000
25500
230
4500
14000
18500
240
5500
10000
15500
250
7500
7000
14500
260
9500
4000
13500
270
13500
3000
16500
280
19500
2000
21500
290
30500
1000
31500
300
53500
0
53500
310
80500
0
80500
320
118500
0
118500
330
167500
0
167500
340
222500
0
222500
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.