This page reflects NET 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 — NET
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $320.00 (29.07 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$320.00
Nearest expiry
Expected Move
±$18.98
±5.4%
Days to Expiry
7
Calendar days
Total Call OI
4,319
Nearest expiry
Total Put OI
3,417
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$349.07
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$337.50
9/25/2026, 11:20:18 PM
2026-10-02Updated
$340.00
10/2/2026, 11:22:11 PM
2026-10-09Next
$320.00
10/2/2026, 11:22:11 PM
2026-10-16
$310.00
10/2/2026, 11:22:11 PM
2026-10-23
$340.00
10/2/2026, 11:22:11 PM
2026-10-30
$330.00
10/2/2026, 11:22:11 PM
2026-11-06
$330.00
10/2/2026, 11:22:11 PM
2026-11-20
$280.00
10/2/2026, 11:22:11 PM
2026-12-18
$300.00
10/2/2026, 11:22:11 PM
2027-01-15
$185.00
10/2/2026, 11:22:11 PM
2027-02-19
$300.00
10/2/2026, 11:22:11 PM
2027-03-19
$340.00
10/2/2026, 11:22:11 PM
2027-05-21
$370.00
10/2/2026, 11:22:11 PM
2027-06-17
$290.00
10/2/2026, 11:22:11 PM
2027-09-17
$300.00
10/2/2026, 11:22:11 PM
Selected expiration: 2026-10-09 at max pain $320.00.
NET pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
170
0
37684500
37684500
175
1000
35976000
35977000
180
3500
34333500
34337000
190
8500
31068500
31077000
200
13500
27837500
27851000
205
16000
26282000
26298000
210
18500
24800500
24819000
215
21000
23335500
23356500
220
24500
21892000
21916500
225
28000
20512000
20540000
230
31500
19133000
19164500
235
35000
18090500
18125500
240
39000
17056000
17095000
245
44000
16042500
16086500
250
51000
15054500
15105500
255
60500
14075500
14136000
260
74500
13105500
13180000
265
93000
12140500
12233500
270
111500
11187000
11298500
275
133500
10243000
10376500
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.