This page reflects NXT 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 — NXT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $85.00 (0.70 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$7.40
±8.8%
Days to Expiry
14
Calendar days
Total Call OI
2,776
Nearest expiry
Total Put OI
3,412
Nearest expiry
P/C OI Ratio
1.23
Put-heavy
Spot Price
$84.30
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
$100.00
8/21/2026, 11:25:15 PM
2026-09-18
$85.00
9/18/2026, 11:26:46 PM
2026-10-16NextUpdated
$85.00
10/2/2026, 11:25:22 PM
2026-11-20
$90.00
10/2/2026, 11:25:22 PM
2027-01-15
$90.00
10/2/2026, 11:25:22 PM
2027-02-19
$95.00
10/2/2026, 11:25:22 PM
2027-05-21
$55.00
10/2/2026, 11:25:22 PM
Selected expiration: 2026-10-16 at max pain $85.00.
NXT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
8972000
8972000
55
0
7266500
7266500
60
0
5564000
5564000
65
0
3884500
3884500
70
17500
2241500
2259000
75
39000
1161000
1200000
80
80500
200000
280500
85
160000
58500
218500
90
341000
16500
357500
95
720500
3500
724000
100
1300000
0
1300000
105
2590500
0
2590500
110
3916000
0
3916000
115
5263000
0
5263000
120
6616500
0
6616500
125
7977000
0
7977000
130
9341000
0
9341000
135
10727000
0
10727000
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.