This page reflects O 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 — O
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $55.00 (0.87 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$1.67
±3.1%
Days to Expiry
14
Calendar days
Total Call OI
28,720
Nearest expiry
Total Put OI
5,575
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$54.13
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
$62.50
8/21/2026, 11:23:44 PM
2026-09-18
$60.00
9/18/2026, 11:24:13 PM
2026-10-16NextUpdated
$55.00
10/2/2026, 11:24:19 PM
2026-11-20
$55.00
10/2/2026, 11:24:19 PM
2026-12-18
$60.00
10/2/2026, 11:24:19 PM
2027-01-15
$60.00
10/2/2026, 11:24:19 PM
2027-03-19
$57.50
10/2/2026, 11:24:19 PM
2027-06-17
$62.50
10/2/2026, 11:24:19 PM
2027-09-17
$57.50
10/2/2026, 11:24:19 PM
Selected expiration: 2026-10-16 at max pain $55.00.
O pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
8346750
8346750
45
0
5562250
5562250
47.5
250
4171000
4171250
50
3250
2783250
2786500
55
32250
371250
403500
57.5
599250
130000
729250
60
5997500
34000
6031500
62.5
11942750
500
11943250
65
18627500
0
18627500
67.5
25746000
0
25746000
70
32914500
0
32914500
75
47272500
0
47272500
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.