This page reflects OLED options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — OLED
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $80.00 (0.20 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$5.58
±7.0%
Days to Expiry
11
Calendar days
Total Call OI
7,097
Nearest expiry
Total Put OI
929
Nearest expiry
P/C OI Ratio
0.13
Put-heavy
Spot Price
$79.80
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
$80.00
8/21/2026, 11:24:41 PM
2026-09-18
$80.00
9/18/2026, 11:24:06 PM
2026-10-16NextUpdated
$80.00
10/5/2026, 11:23:04 PM
2026-11-20
$80.00
10/5/2026, 11:23:04 PM
2026-12-18
$90.00
10/5/2026, 11:23:04 PM
2027-03-19
$85.00
10/5/2026, 11:23:04 PM
Selected expiration: 2026-10-16 at max pain $80.00.
OLED pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
2112500
2112500
60
0
1651500
1651500
65
0
1225000
1225000
70
0
879000
879000
75
500
574500
575000
80
54500
328500
383000
85
1413000
130000
1543000
90
3925500
0
3925500
95
7233000
0
7233000
100
10595500
0
10595500
105
14139000
0
14139000
110
17683000
0
17683000
125
28327000
0
28327000
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.