This page reflects PINS 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 — PINS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $18.00 (1.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$18.00
Nearest expiry
Expected Move
±$0.92
±4.8%
Days to Expiry
7
Calendar days
Total Call OI
3,985
Nearest expiry
Total Put OI
1,884
Nearest expiry
P/C OI Ratio
0.47
Put-heavy
Spot Price
$19.26
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
$18.50
9/25/2026, 11:29:40 PM
2026-10-02Updated
$19.00
10/2/2026, 11:25:29 PM
2026-10-09Next
$18.00
10/2/2026, 11:25:29 PM
2026-10-16
$20.00
10/2/2026, 11:25:29 PM
2026-10-23
$19.00
10/2/2026, 11:25:29 PM
2026-10-30
$20.50
10/2/2026, 11:25:29 PM
2026-11-06
$18.50
10/2/2026, 11:25:29 PM
2026-11-20
$21.00
10/2/2026, 11:25:29 PM
2026-12-18
$20.00
10/2/2026, 11:25:29 PM
2027-01-15
$23.00
10/2/2026, 11:25:29 PM
2027-02-19
$22.00
10/2/2026, 11:25:29 PM
2027-03-19
$22.00
10/2/2026, 11:25:29 PM
2027-05-21
$18.00
10/2/2026, 11:25:29 PM
2027-06-17
$25.00
10/2/2026, 11:25:29 PM
2027-09-17
$22.00
10/2/2026, 11:25:29 PM
Selected expiration: 2026-10-09 at max pain $18.00.
PINS pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
14
0
808700
808700
15
0
620800
620800
15.5
150
526950
527100
16
450
433200
433650
16.5
1500
340200
341700
17
2800
248050
250850
17.5
4300
160250
164550
18
5850
93300
99150
18.5
41550
61900
103450
19
82000
41850
123850
19.5
179050
24650
203700
20
292450
16550
309000
20.5
426300
10750
437050
21
569200
5850
575050
21.5
740200
3500
743700
22
915450
2150
917600
22.5
1103500
1150
1104650
23
1294400
400
1294800
23.5
1486500
0
1486500
24
1679550
0
1679550
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.