Koninklijke Philips N.V. NY RegClose $23.92EOD only
Max Pain
$26.00
Next expiry Oct 16, 2026
Expected Move
±$0.88
3.7% from close
Price Gap
+2.08
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.61
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects PHG 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 — PHG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $26.00 (2.08 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$26.00
Nearest expiry
Expected Move
±$0.88
±3.7%
Days to Expiry
14
Calendar days
Total Call OI
4,605
Nearest expiry
Total Put OI
1,273
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$23.92
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
$27.00
8/21/2026, 11:26:17 PM
2026-09-18
$26.00
9/18/2026, 11:26:56 PM
2026-10-16NextUpdated
$26.00
10/2/2026, 11:26:06 PM
2026-11-20
$24.00
10/2/2026, 11:26:06 PM
2027-01-15
$27.00
10/2/2026, 11:26:06 PM
2027-04-16
$25.00
10/2/2026, 11:26:06 PM
Selected expiration: 2026-10-16 at max pain $26.00.
PHG pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
615000
615000
20
0
488100
488100
21
1000
371800
372800
22
2000
265500
267500
23
3200
170400
173600
24
4400
112000
116400
25
8500
56600
65100
26
21300
7800
29100
27
162500
4400
166900
28
351700
2900
354600
29
595100
2200
597300
30
879700
1500
881200
31
1184600
1000
1185600
32
1489500
500
1490000
33
1886700
0
1886700
34
2291900
0
2291900
35
2740700
0
2740700
36
3189500
0
3189500
37
3648000
0
3648000
38
4106500
0
4106500
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.