This page reflects PATH 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 — PATH
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $13.00 (0.12 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$13.00
Nearest expiry
Expected Move
±$0.73
±5.6%
Days to Expiry
7
Calendar days
Total Call OI
8,930
Nearest expiry
Total Put OI
3,423
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$13.12
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
$13.00
9/25/2026, 11:28:11 PM
2026-10-02Updated
$12.50
10/2/2026, 11:26:40 PM
2026-10-09Next
$13.00
10/2/2026, 11:26:40 PM
2026-10-16
$14.00
10/2/2026, 11:26:40 PM
2026-10-23
$13.00
10/2/2026, 11:26:40 PM
2026-10-30
$13.50
10/2/2026, 11:26:40 PM
2026-11-06
$12.50
10/2/2026, 11:26:40 PM
2026-11-20
$14.00
10/2/2026, 11:26:40 PM
2026-12-18
$13.00
10/2/2026, 11:26:40 PM
2027-01-15
$12.00
10/2/2026, 11:26:40 PM
2027-02-19
$17.00
10/2/2026, 11:26:40 PM
2027-03-19
$10.00
10/2/2026, 11:26:40 PM
2027-05-21
$12.00
10/2/2026, 11:26:40 PM
2027-06-17
$15.00
10/2/2026, 11:26:40 PM
2027-09-17
$12.00
10/2/2026, 11:26:40 PM
Selected expiration: 2026-10-09 at max pain $13.00.
PATH pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
2708400
2708400
6
42800
2366100
2408900
7
86000
2023800
2109800
8
129600
1682500
1812100
8.5
151450
1511850
1663300
9
173400
1341200
1514600
10
232400
999900
1232300
10.5
268050
830750
1098800
11
303800
661600
965400
11.5
340350
495400
835750
12
377650
349750
727400
12.5
420050
229000
649050
13
480250
140700
620950
13.5
567950
83950
651900
14
708050
42450
750500
14.5
928800
19600
948400
15
1217450
2850
1220300
15.5
1540650
400
1541050
16
1866450
0
1866450
16.5
2227650
0
2227650
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.