What is PFE max pain this week?

PFE max pain for the nearest expiration (2026-10-09) is $28.50. Total call open interest: 35,432. Total put open interest: 12,707.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options PFEMax Pain

PFE

Pfizer, Inc.Close $27.80EOD only

Max Pain

$28.50

Next expiry Oct 9, 2026

Expected Move

±$0.62

2.3% from close

Price Gap

+0.70

Distance to max pain

IV Rank

Low premium

P/C OI

0.74

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Oct 2, 2026 close

End-of-day snapshot

This page reflects PFE 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 — PFE

Data as of market close Oct 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-10-09 shows max pain at $28.50 (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

$28.50

Nearest expiry

Expected Move

±$0.62

±2.3%

Days to Expiry

Calendar days

Total Call OI

35,432

Nearest expiry

Total Put OI

12,707

Nearest expiry

P/C OI Ratio

0.36

Put-heavy

Spot Price

$27.80

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	$28.00	9/25/2026, 11:25:16 PM
2026-10-02Updated	$28.00	10/2/2026, 11:26:41 PM
2026-10-09Next	$28.50	10/2/2026, 11:26:41 PM
2026-10-16	$27.00	10/2/2026, 11:26:41 PM
2026-10-23	$27.00	10/2/2026, 11:26:41 PM
2026-10-30	$28.00	10/2/2026, 11:26:41 PM
2026-11-06	$27.00	10/2/2026, 11:26:41 PM
2026-11-20	$27.00	10/2/2026, 11:26:41 PM
2026-12-18	$26.00	10/2/2026, 11:26:41 PM
2027-01-15	$27.00	10/2/2026, 11:26:41 PM
2027-03-19	$27.00	10/2/2026, 11:26:41 PM
2027-06-17	$27.00	10/2/2026, 11:26:41 PM
2027-09-17	$27.00	10/2/2026, 11:26:41 PM

Selected expiration: 2026-10-09 at max pain $28.50.

PFE pain by strike for 2026-10-09 expiration
Strike	Call Pain	Put Pain	Total Pain
15	0	18611800	18611800
18	600	14136100	14136700
19	900	12644600	12645500
20	1600	11153700	11155300
21	2600	9663600	9666200
21.5	3150	8918750	8921900
22	3750	8173900	8177650
22.5	4550	7429150	7433700
23	5450	6684450	6689900
23.5	6650	5940050	5946700
24	8050	5195800	5203850
24.5	9850	4453100	4462950
25	11950	3717250	3729200
25.5	16150	2985850	3002000
26	22350	2301700	2324050
26.5	35350	1626800	1662150
27	82950	1062700	1145650
27.5	184950	642300	827250
28	351000	303850	654850
28.5	632750	23750	656500

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.