This page reflects MUR 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 — MUR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $35.00 (2.66 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$2.42
±6.4%
Days to Expiry
14
Calendar days
Total Call OI
6,531
Nearest expiry
Total Put OI
1,877
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$37.66
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
$35.00
8/21/2026, 11:21:50 PM
2026-09-18
$35.00
9/18/2026, 11:24:43 PM
2026-10-16NextUpdated
$35.00
10/2/2026, 11:20:51 PM
2026-11-20
$37.50
10/2/2026, 11:20:51 PM
2027-01-15
$35.00
10/2/2026, 11:20:51 PM
2027-04-16
$35.00
10/2/2026, 11:20:51 PM
Selected expiration: 2026-10-16 at max pain $35.00.
MUR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
17.5
0
3156500
3156500
20
0
2687250
2687250
22.5
0
2218250
2218250
25
0
1749250
1749250
27.5
250
1310250
1310500
30
500
896250
896750
32.5
11000
501500
512500
35
137500
188500
326000
37.5
682250
33250
715500
40
1355500
13750
1369250
42.5
2693250
2750
2696000
45
4156500
0
4156500
47.5
5719000
0
5719000
50
7291750
0
7291750
52.5
8915000
0
8915000
55
10538250
0
10538250
60
13784750
0
13784750
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.