Par Pacific Holdings, Inc. CommClose $84.00EOD only
Max Pain
$50.00
Next expiry Oct 16, 2026
Expected Move
±$7.25
8.6% from close
Price Gap
-34.00
Distance to max pain
IV Rank
34
Middle-high premium
P/C OI
0.16
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects PARR 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 — PARR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $50.00 (34.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$7.25
±8.6%
Days to Expiry
14
Calendar days
Total Call OI
7,822
Nearest expiry
Total Put OI
1,046
Nearest expiry
P/C OI Ratio
0.13
Put-heavy
Spot Price
$84.00
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
$65.00
8/21/2026, 11:27:27 PM
2026-09-18
$70.00
9/18/2026, 11:27:16 PM
2026-10-16NextUpdated
$50.00
10/2/2026, 11:24:00 PM
2026-11-20
$75.00
10/2/2026, 11:24:00 PM
2026-12-18
$60.00
10/2/2026, 11:24:00 PM
2027-01-15
$70.00
10/2/2026, 11:24:00 PM
2027-03-19
$65.00
10/2/2026, 11:24:00 PM
2027-05-21
$85.00
10/2/2026, 11:24:00 PM
2027-08-20
$90.00
10/2/2026, 11:24:00 PM
Selected expiration: 2026-10-16 at max pain $50.00.
PARR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
4392500
4392500
25
0
4131500
4131500
30
3000
3616000
3619000
35
10500
3134500
3145000
40
50000
2653000
2703000
45
138000
2171500
2309500
50
284000
1717500
2001500
55
2177500
1331500
3509000
60
4088000
959000
5047000
65
6015500
608500
6624000
70
8015000
343000
8358000
75
10097000
154500
10251500
80
12654000
38500
12692500
85
15279500
500
15280000
90
17985500
0
17985500
95
20774500
0
20774500
100
23995000
0
23995000
105
27633500
0
27633500
110
31303500
0
31303500
115
34976500
0
34976500
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.