thetaOwl

PLAY

Dave & Buster's Entertainment, Close $6.75EOD only
Max Pain
$8.00
Next expiry Oct 16, 2026
Expected Move
±$0.80
11.8% from close
Price Gap
+1.25
Distance to max pain
IV Rank
31
Middle-high premium
P/C OI
0.33
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects PLAY 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 — PLAY
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $8.00 (1.25 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$8.00
Nearest expiry
Expected Move
±$0.80
±11.8%
Days to Expiry
14
Calendar days
Total Call OI
31,350
Nearest expiry
Total Put OI
12,082
Nearest expiry
P/C OI Ratio
0.39
Put-heavy
Spot Price
$6.75
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$11.008/21/2026, 11:28:39 PM
2026-09-18$7.009/18/2026, 11:22:37 PM
2026-10-16NextUpdated$8.0010/2/2026, 11:26:11 PM
2026-11-20$6.0010/2/2026, 11:26:11 PM
2027-01-15$10.0010/2/2026, 11:26:11 PM
2027-04-16$7.0010/2/2026, 11:26:11 PM
Selected expiration: 2026-10-16 at max pain $8.00.
PLAY pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
2062985006298500
420038873003887500
530026818002682100
6330016791001682400
789000850700939700
8386700530100916800
911544002500001404400
102000400580002058400
113231800270003258800
124819800190004838800
136550500113006561800
14854440037008548100
1510801700130010803000
1613395300100013396300
171599140080015992200
181864440070018645100
192140660060021407200
202421000050024210500
212707550040027075900
222994100030029941300
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.