This page reflects NDSN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — NDSN
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $310.00 (24.43 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$310.00
Nearest expiry
Expected Move
±$9.85
±3.0%
Days to Expiry
11
Calendar days
Total Call OI
793
Nearest expiry
Total Put OI
51
Nearest expiry
P/C OI Ratio
0.06
Put-heavy
Spot Price
$334.43
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
$290.00
8/21/2026, 11:23:59 PM
2026-09-18
$310.00
9/18/2026, 11:25:12 PM
2026-10-16NextUpdated
$310.00
10/5/2026, 11:22:08 PM
2026-11-20
$320.00
10/5/2026, 11:22:08 PM
2026-12-18
$320.00
10/5/2026, 11:22:08 PM
2027-03-19
$240.00
10/5/2026, 11:22:08 PM
Selected expiration: 2026-10-16 at max pain $310.00.
NDSN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
200
0
614000
614000
220
2000
512000
514000
240
4000
410000
414000
250
8000
359000
367000
280
29000
206000
235000
290
36000
157000
193000
300
44000
108000
152000
310
64000
63000
127000
320
412000
21000
433000
330
800000
7000
807000
340
1236000
0
1236000
350
1723000
0
1723000
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.