Nearest listed expiration 2026-10-09 shows max pain at $143.00 (0.70 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$143.00
Nearest expiry
Expected Move
±$7.23
±5.1%
Days to Expiry
7
Calendar days
Total Call OI
43,422
Nearest expiry
Total Put OI
30,543
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$142.30
Published close
Consensus
5.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$142.00
9/25/2026, 11:28:29 PM
2026-10-02Updated
$138.00
10/2/2026, 11:25:09 PM
2026-10-09Next
$143.00
10/2/2026, 11:25:09 PM
2026-10-16
$150.00
10/2/2026, 11:25:09 PM
2026-10-23
$140.00
10/2/2026, 11:25:09 PM
2026-10-30
$142.00
10/2/2026, 11:25:09 PM
2026-11-06
$135.00
10/2/2026, 11:25:09 PM
2026-11-20
$150.00
10/2/2026, 11:25:09 PM
2026-12-18
$160.00
10/2/2026, 11:25:09 PM
2027-01-15
$165.00
10/2/2026, 11:25:09 PM
2027-02-19
$145.00
10/2/2026, 11:25:09 PM
2027-03-19
$160.00
10/2/2026, 11:25:09 PM
2027-04-16
$140.00
10/2/2026, 11:25:09 PM
2027-06-17
$165.00
10/2/2026, 11:25:09 PM
2027-09-17
$150.00
10/2/2026, 11:25:09 PM
Selected expiration: 2026-10-09 at max pain $143.00.
ORCL pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
157871950
157871950
85
5000
142604450
142609450
90
18000
128322950
128340950
95
50000
114065950
114115950
100
100500
99891950
99992450
105
162500
85953950
86116450
110
237500
72235950
72473450
115
368500
58751450
59119950
120
522500
46106950
46629450
125
694500
34614950
35309450
130
890000
24401450
25291450
131
946700
22717250
23663950
132
1010300
21079250
22089550
133
1124900
19519650
20644550
134
1273000
18004750
19277750
135
1436500
16555850
17992350
136
1647800
15254050
16901850
137
1881400
14008650
15890050
138
2138400
12859550
14997950
139
2494600
11768250
14262850
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.