This page reflects OCUL 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 — OCUL
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $9.00 (2.04 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.38
±5.4%
Days to Expiry
14
Calendar days
Total Call OI
9,010
Nearest expiry
Total Put OI
1,741
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$6.96
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
$9.00
8/21/2026, 11:25:22 PM
2026-09-18
$10.00
9/18/2026, 11:22:40 PM
2026-10-16NextUpdated
$9.00
10/2/2026, 11:21:41 PM
2026-11-20
$10.00
10/2/2026, 11:21:41 PM
2026-12-18
$9.00
10/2/2026, 11:21:41 PM
2027-01-15
$8.00
10/2/2026, 11:21:41 PM
2027-03-19
$7.00
10/2/2026, 11:21:41 PM
Selected expiration: 2026-10-16 at max pain $9.00.
OCUL pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1521000
1521000
2
300
1347300
1347600
6
1900
652500
654400
7
23500
478900
502400
8
84700
330500
415200
9
176600
192900
369500
10
337700
88800
426500
11
629000
1500
630500
12
996800
1200
998000
13
1761000
900
1761900
14
2618700
600
2619300
15
3505300
400
3505700
16
4397400
200
4397600
17
5289600
100
5289700
18
6181800
0
6181800
19
7076200
0
7076200
20
7974000
0
7974000
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.