This page reflects PCVX 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 — PCVX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $55.00 (1.48 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$12.60
±22.3%
Days to Expiry
14
Calendar days
Total Call OI
14,531
Nearest expiry
Total Put OI
14,822
Nearest expiry
P/C OI Ratio
1.02
Put-heavy
Spot Price
$56.48
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
$55.00
8/21/2026, 11:22:37 PM
2026-09-18
$60.00
9/18/2026, 11:24:31 PM
2026-10-16NextUpdated
$55.00
10/2/2026, 11:21:38 PM
2026-11-20
$60.00
10/2/2026, 11:21:38 PM
2026-12-18
$55.00
10/2/2026, 11:21:38 PM
2027-01-15
$60.00
10/2/2026, 11:21:38 PM
2027-04-16
$65.00
10/2/2026, 11:21:38 PM
Selected expiration: 2026-10-16 at max pain $55.00.
PCVX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
31839000
31839000
30
0
24429000
24429000
35
0
17022500
17022500
40
0
9616000
9616000
45
151000
2927500
3078500
50
302000
276500
578500
55
455500
9000
464500
60
862000
1000
863000
65
1307000
0
1307000
70
6501500
0
6501500
75
13343000
0
13343000
80
20498000
0
20498000
85
27745000
0
27745000
90
34992000
0
34992000
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.