This page reflects OUST 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 — OUST
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $38.50 (5.89 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$38.50
Nearest expiry
Expected Move
±$4.05
±9.1%
Days to Expiry
7
Calendar days
Total Call OI
2,734
Nearest expiry
Total Put OI
1,102
Nearest expiry
P/C OI Ratio
0.40
Put-heavy
Spot Price
$44.39
Published close
Consensus
-
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
$36.00
9/25/2026, 11:25:15 PM
2026-10-02Updated
$40.00
10/2/2026, 11:23:44 PM
2026-10-09Next
$38.50
10/2/2026, 11:23:44 PM
2026-10-16
$37.00
10/2/2026, 11:23:44 PM
2026-10-23
$36.00
10/2/2026, 11:23:44 PM
2026-10-30
$37.00
10/2/2026, 11:23:44 PM
2026-11-06
$40.00
10/2/2026, 11:23:44 PM
2026-11-20
$37.00
10/2/2026, 11:23:44 PM
2027-01-15
$25.00
10/2/2026, 11:23:44 PM
2027-02-19
$38.00
10/2/2026, 11:23:44 PM
2027-05-21
$40.00
10/2/2026, 11:23:44 PM
Selected expiration: 2026-10-09 at max pain $38.50.
OUST pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
23
0
1229250
1229250
24
0
1119250
1119250
25
0
1019450
1019450
26
0
920450
920450
27
0
823350
823350
28
0
728450
728450
28.5
0
681900
681900
29
0
635400
635400
29.5
50
590400
590450
30
100
545500
545600
30.5
250
503050
503300
31
400
460750
461150
31.5
650
420400
421050
32
900
380300
381200
32.5
1200
341050
342250
33
1500
301850
303350
33.5
1950
273150
275100
34
2400
244500
246900
35
4500
189300
193800
35.5
6500
164600
171100
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.