Nearest listed expiration 2026-10-09 shows max pain at $135.00 (0.62 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$135.00
Nearest expiry
Expected Move
±$6.67
±5.0%
Days to Expiry
7
Calendar days
Total Call OI
16,020
Nearest expiry
Total Put OI
11,813
Nearest expiry
P/C OI Ratio
0.74
Put-heavy
Spot Price
$134.38
Published close
Consensus
5.5/10
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
$136.00
9/25/2026, 11:26:43 PM
2026-10-02Updated
$132.00
10/2/2026, 11:23:30 PM
2026-10-09Next
$135.00
10/2/2026, 11:23:30 PM
2026-10-16
$130.00
10/2/2026, 11:23:30 PM
2026-10-23
$134.00
10/2/2026, 11:23:30 PM
2026-10-30
$134.00
10/2/2026, 11:23:30 PM
2026-11-06
$135.00
10/2/2026, 11:23:30 PM
2026-11-20
$125.00
10/2/2026, 11:23:30 PM
2026-12-18
$125.00
10/2/2026, 11:23:30 PM
2027-01-15
$125.00
10/2/2026, 11:23:30 PM
2027-02-19
$130.00
10/2/2026, 11:23:30 PM
2027-03-19
$115.00
10/2/2026, 11:23:30 PM
2027-05-21
$115.00
10/2/2026, 11:23:30 PM
2027-06-17
$115.00
10/2/2026, 11:23:30 PM
2027-09-17
$140.00
10/2/2026, 11:23:30 PM
Selected expiration: 2026-10-09 at max pain $135.00.
NOW pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
62512250
62512250
75
4500
56665250
56669750
80
12500
50828250
50840750
85
21000
44994250
45015250
90
30000
39162250
39192250
95
40000
33350250
33390250
100
50000
27563750
27613750
105
64500
21799250
21863750
110
108500
16270750
16379250
112
131100
14174750
14305850
113
142800
13163750
13306550
114
155600
12174250
12329850
115
169200
11227850
11397050
116
184100
10323950
10508050
117
202600
9465950
9668550
118
222000
8684650
8906650
119
244100
7937450
8181550
120
268200
7221750
7489950
121
297800
6606250
6904050
122
338900
6015250
6354150
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.