This page reflects MUSA 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 — MUSA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $500.00 (15.02 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$500.00
Nearest expiry
Expected Move
±$23.30
±4.5%
Days to Expiry
14
Calendar days
Total Call OI
457
Nearest expiry
Total Put OI
130
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$515.02
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
$550.00
8/21/2026, 11:21:08 PM
2026-09-18
$520.00
9/18/2026, 11:22:15 PM
2026-10-16NextUpdated
$500.00
10/2/2026, 11:20:59 PM
2026-11-20
$490.00
10/2/2026, 11:20:59 PM
2026-12-18
$500.00
10/2/2026, 11:20:59 PM
2027-01-15
$610.00
10/2/2026, 11:20:59 PM
2027-04-16
$490.00
10/2/2026, 11:20:59 PM
Selected expiration: 2026-10-16 at max pain $500.00.
MUSA pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
210
0
3603000
3603000
220
4000
3473000
3477000
240
16000
3213000
3229000
250
22000
3084000
3106000
270
36000
2832000
2868000
280
45000
2706000
2751000
290
55000
2581000
2636000
300
66000
2457000
2523000
310
89000
2334000
2423000
330
139000
2088000
2227000
350
191000
1842000
2033000
360
217000
1719000
1936000
370
243000
1596000
1839000
380
269000
1473000
1742000
390
295000
1350000
1645000
400
321000
1229000
1550000
430
402000
866000
1268000
440
433000
746000
1179000
450
464000
638000
1102000
460
496000
552000
1048000
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.