This page reflects OGN 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 — OGN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $13.00 (0.72 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$13.00
Nearest expiry
Expected Move
±$1.22
±8.9%
Days to Expiry
14
Calendar days
Total Call OI
6,793
Nearest expiry
Total Put OI
1,010
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$13.72
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
$13.00
8/21/2026, 11:25:02 PM
2026-09-18
$7.50
9/18/2026, 11:24:38 PM
2026-10-16NextUpdated
$13.00
10/2/2026, 11:24:25 PM
2026-12-18
$11.00
10/2/2026, 11:24:25 PM
2027-01-15
$10.00
10/2/2026, 11:24:25 PM
2027-03-19
$10.00
10/2/2026, 11:24:25 PM
Selected expiration: 2026-10-16 at max pain $13.00.
OGN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
872500
872500
4
600
771500
772100
5
1200
680700
681900
6
1800
590700
592500
7
3300
503500
506800
8
6000
416300
422300
9
11500
330600
342100
10
20100
244900
265000
11
35700
163300
199000
12
71000
81700
152700
13
108900
100
109000
14
168300
0
168300
15
853500
0
853500
16
1553000
0
1553000
17
2253700
0
2253700
18
2954500
0
2954500
20
4356100
0
4356100
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.