This page reflects ONTO 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 — ONTO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $280.00 (47.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$280.00
Nearest expiry
Expected Move
±$32.10
±9.8%
Days to Expiry
14
Calendar days
Total Call OI
1,642
Nearest expiry
Total Put OI
1,079
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$327.77
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
$300.00
8/21/2026, 11:23:43 PM
2026-09-18
$240.00
9/18/2026, 11:26:45 PM
2026-10-16NextUpdated
$280.00
10/2/2026, 11:23:27 PM
2026-11-20
$250.00
10/2/2026, 11:23:27 PM
2026-12-18
$260.00
10/2/2026, 11:23:27 PM
2027-01-15
$230.00
10/2/2026, 11:23:27 PM
2027-03-19
$280.00
10/2/2026, 11:23:27 PM
Selected expiration: 2026-10-16 at max pain $280.00.
ONTO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
170
0
7162000
7162000
175
0
6623500
6623500
180
5000
6088000
6093000
185
10000
5559500
5569500
190
15000
5035500
5050500
195
25000
4518500
4543500
200
35000
4008000
4043000
210
65000
3066000
3131000
220
100000
2565000
2665000
230
139000
2111000
2250000
240
178000
1711000
1889000
250
226000
1336000
1562000
260
287000
1010000
1297000
270
360000
721000
1081000
280
459000
473000
932000
290
618000
305000
923000
300
800000
182000
982000
310
1069000
93000
1162000
320
1455000
48000
1503000
330
1985000
42000
2027000
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.