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NBIS

Nebius Group N.V.Close $242.81EOD only
Max Pain
$225.00
Next expiry Oct 9, 2026
Expected Move
±$17.80
7.3% from close
Price Gap
-17.81
Distance to max pain
IV Rank
7
Low premium
P/C OI
1.02
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects NBIS 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 — NBIS
Data as of market close Oct 2, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-10-09 shows max pain at $225.00 (17.81 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$225.00
Nearest expiry
Expected Move
±$17.80
±7.3%
Days to Expiry
7
Calendar days
Total Call OI
29,923
Nearest expiry
Total Put OI
24,904
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$242.81
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$230.009/25/2026, 11:20:06 PM
2026-10-02Updated$230.0010/2/2026, 11:21:13 PM
2026-10-09Next$225.0010/2/2026, 11:21:13 PM
2026-10-16$220.0010/2/2026, 11:21:13 PM
2026-10-23$225.0010/2/2026, 11:21:13 PM
2026-10-30$225.0010/2/2026, 11:21:13 PM
2026-11-06$235.0010/2/2026, 11:21:13 PM
2026-11-20$210.0010/2/2026, 11:21:13 PM
2026-12-18$190.0010/2/2026, 11:21:13 PM
2027-01-15$140.0010/2/2026, 11:21:13 PM
2027-02-19$210.0010/2/2026, 11:21:13 PM
2027-03-19$220.0010/2/2026, 11:21:13 PM
2027-04-16$210.0010/2/2026, 11:21:13 PM
2027-05-21$220.0010/2/2026, 11:21:13 PM
2027-06-17$220.0010/2/2026, 11:21:13 PM
2027-09-17$200.0010/2/2026, 11:21:13 PM
Selected expiration: 2026-10-09 at max pain $225.00.
NBIS pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
1300172130500172130500
1355500160927500160933000
14013000149743000149756000
14521500138637000138658500
15036000127605000127641000
15554000116659500116713500
16080000105764500105844500
1651120009504250095154500
1701450008456850084713500
1751865007450300074689500
1802280006463000064858000
1852740005498700055261000
1903220004550000045822000
192.54087504097450041383250
1955062503649325036999500
197.56257503223700032862750
2007452502806075028806000
202.59710002433800025309000
20511980002068425021882250
207.514580001738800018846000
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.