This page reflects NSC 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 — NSC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $330.00 (12.56 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$330.00
Nearest expiry
Expected Move
±$10.05
±3.2%
Days to Expiry
14
Calendar days
Total Call OI
756
Nearest expiry
Total Put OI
226
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$317.44
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
$330.00
8/21/2026, 11:24:47 PM
2026-09-18
$320.00
9/18/2026, 11:24:27 PM
2026-10-16NextUpdated
$330.00
10/2/2026, 11:23:36 PM
2026-11-20
$330.00
10/2/2026, 11:23:36 PM
2026-12-18
$320.00
10/2/2026, 11:23:36 PM
2027-01-15
$290.00
10/2/2026, 11:23:36 PM
2027-03-19
$320.00
10/2/2026, 11:23:36 PM
2027-06-17
$310.00
10/2/2026, 11:23:36 PM
2027-09-17
$330.00
10/2/2026, 11:23:36 PM
Selected expiration: 2026-10-16 at max pain $330.00.
NSC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
220
0
2109000
2109000
270
0
1029000
1029000
280
1000
814000
815000
290
2000
601000
603000
300
3000
442000
445000
310
5000
304000
309000
320
9000
181000
190000
330
86000
79000
165000
340
537000
31000
568000
350
1090000
0
1090000
360
1735000
0
1735000
370
2443000
0
2443000
380
3188000
0
3188000
390
3943000
0
3943000
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.