This page reflects NYT 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 — NYT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $70.00 (7.30 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
±$3.12
±5.0%
Days to Expiry
14
Calendar days
Total Call OI
14,207
Nearest expiry
Total Put OI
21,660
Nearest expiry
P/C OI Ratio
1.52
Put-heavy
Spot Price
$62.70
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
$70.00
8/21/2026, 11:21:27 PM
2026-09-18
$67.50
9/18/2026, 11:24:19 PM
2026-10-16NextUpdated
$70.00
10/2/2026, 11:23:07 PM
2026-11-20
$67.50
10/2/2026, 11:23:07 PM
2026-12-18
$70.00
10/2/2026, 11:23:07 PM
2027-01-15
$67.50
10/2/2026, 11:23:07 PM
2027-04-16
$70.00
10/2/2026, 11:23:07 PM
Selected expiration: 2026-10-16 at max pain $70.00.
NYT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
75360000
75360000
35
0
64530000
64530000
40
2000
53700000
53702000
45
4000
42871000
42875000
50
17500
32045500
32063000
55
31000
21225500
21256500
60
53500
10440500
10494000
62.5
73500
5067250
5140750
65
216250
1610250
1826500
67.5
522750
812000
1334750
70
834000
46750
880750
72.5
1284750
32500
1317250
75
2939250
19500
2958750
77.5
5216000
9000
5225000
80
8625250
0
8625250
82.5
12074500
0
12074500
85
15524000
0
15524000
87.5
18975500
0
18975500
90
22427000
0
22427000
95
29466000
0
29466000
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.