Nearest listed expiration 2026-10-05 shows max pain at $1055.00 (19.89 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1055.00
Nearest expiry
Expected Move
±$25.12
±2.3%
Days to Expiry
3
Calendar days
Total Call OI
30,470
Nearest expiry
Total Put OI
18,335
Nearest expiry
P/C OI Ratio
0.60
Put-heavy
Spot Price
$1074.89
Published close
Consensus
7.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-05
Expiration
Max Pain Strike
Last Updated
2026-09-28
$1055.00
9/28/2026, 11:24:23 PM
2026-10-02Updated
$1045.00
10/2/2026, 11:25:08 PM
2026-10-05Next
$1055.00
10/2/2026, 11:25:08 PM
2026-10-07
$1050.00
10/2/2026, 11:25:08 PM
2026-10-09
$1015.00
10/2/2026, 11:25:08 PM
2026-10-16
$980.00
10/2/2026, 11:25:08 PM
2026-10-23
$1030.00
10/2/2026, 11:25:08 PM
2026-10-30
$995.00
10/2/2026, 11:25:08 PM
2026-11-06
$1055.00
10/2/2026, 11:25:08 PM
2026-11-20
$890.00
10/2/2026, 11:25:08 PM
2026-12-18
$700.00
10/2/2026, 11:25:08 PM
2027-01-15
$600.00
10/2/2026, 11:25:08 PM
2027-02-19
$910.00
10/2/2026, 11:25:08 PM
2027-03-19
$800.00
10/2/2026, 11:25:08 PM
2027-04-16
$990.00
10/2/2026, 11:25:08 PM
2027-06-17
$700.00
10/2/2026, 11:25:08 PM
2027-07-16
$1070.00
10/2/2026, 11:25:08 PM
2027-09-17
$820.00
10/2/2026, 11:25:08 PM
Selected expiration: 2026-10-05 at max pain $1055.00.
MU pain by strike for 2026-10-05 expiration
Strike
Call Pain
Put Pain
Total Pain
600
0
677455000
677455000
610
35000
659164000
659199000
620
93000
640882000
640975000
630
171000
622626000
622797000
640
269000
604385000
604654000
650
387000
586159000
586546000
660
535000
567963000
568498000
670
699000
549786000
550485000
680
878000
532149000
533027000
690
1062000
514512000
515574000
700
1254000
496919000
498173000
710
1448000
479423000
480871000
720
1646000
461927000
463573000
730
1844000
444457000
446301000
740
2043000
427054000
429097000
750
2245000
409700000
411945000
760
2449000
392494000
394943000
770
2653000
375294000
377947000
775
2756500
366711500
369468000
780
2867500
358142500
361010000
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.