This page reflects NWPX 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 — NWPX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-12-18 shows max pain at $100.00 (5.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$16.45
±15.5%
Days to Expiry
77
Calendar days
Total Call OI
218
Nearest expiry
Total Put OI
31
Nearest expiry
P/C OI Ratio
0.14
Put-heavy
Spot Price
$105.99
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-12-18
Expiration
Max Pain Strike
Last Updated
2026-08-21
$110.00
8/21/2026, 11:25:04 PM
2026-09-18
$75.00
9/18/2026, 11:23:29 PM
2026-12-18NextUpdated
$100.00
10/2/2026, 11:22:20 PM
2027-03-19
$85.00
10/2/2026, 11:22:20 PM
Selected expiration: 2026-12-18 at max pain $100.00.
NWPX pain by strike for 2026-12-18 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
205500
205500
60
0
190000
190000
65
0
175000
175000
70
0
160000
160000
75
0
145500
145500
80
0
131000
131000
85
0
117000
117000
90
10000
103000
113000
95
20000
90000
110000
100
30500
77500
108000
105
57500
65500
123000
110
92000
54000
146000
115
142500
42500
185000
120
193000
31000
224000
125
245500
19500
265000
130
338000
8000
346000
135
430500
5000
435500
140
523000
2000
525000
145
621500
0
621500
155
820500
0
820500
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.