Nearest listed expiration 2026-10-09 shows max pain at $70.00 (2.94 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$2.04
±3.0%
Days to Expiry
7
Calendar days
Total Call OI
67,213
Nearest expiry
Total Put OI
31,704
Nearest expiry
P/C OI Ratio
0.47
Put-heavy
Spot Price
$67.06
Published close
Consensus
6.5/10
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
$72.00
9/25/2026, 11:23:09 PM
2026-10-02Updated
$69.00
10/2/2026, 11:23:25 PM
2026-10-09Next
$70.00
10/2/2026, 11:23:25 PM
2026-10-16
$72.50
10/2/2026, 11:23:25 PM
2026-10-23
$71.00
10/2/2026, 11:23:25 PM
2026-10-30
$71.00
10/2/2026, 11:23:25 PM
2026-11-06
$70.00
10/2/2026, 11:23:25 PM
2026-11-20
$77.50
10/2/2026, 11:23:25 PM
2026-12-18
$79.00
10/2/2026, 11:23:25 PM
2027-01-15
$65.00
10/2/2026, 11:23:25 PM
2027-03-19
$80.00
10/2/2026, 11:23:25 PM
2027-06-17
$84.00
10/2/2026, 11:23:25 PM
2027-09-17
$80.00
10/2/2026, 11:23:25 PM
Selected expiration: 2026-10-09 at max pain $70.00.
NFLX pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
105621300
105621300
40
2000
89774800
89776800
45
13500
73928300
73941800
50
25000
58087300
58112300
60
63000
26512300
26575300
61
90100
23410500
23500600
62
118200
20338100
20456300
63
146300
17284400
17430700
64
174400
14262500
14436900
65
211000
11803100
12014100
66
289600
9478700
9768300
67
520600
7322500
7843100
68
976300
5315000
6291300
69
1622300
3738800
5361100
70
2619800
2387300
5007100
71
4395900
1602200
5998100
72
6802600
1040400
7843000
73
9633300
627300
10260600
74
12676200
311800
12988000
75
16117800
66600
16184400
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.