This page reflects POWI 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 — POWI
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $50.00 (4.46 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$8.80
±16.2%
Days to Expiry
14
Calendar days
Total Call OI
2,504
Nearest expiry
Total Put OI
303
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$54.46
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
$60.00
8/21/2026, 11:27:21 PM
2026-09-18
$50.00
9/18/2026, 11:26:38 PM
2026-10-16NextUpdated
$50.00
10/2/2026, 11:25:15 PM
2026-11-20
$60.00
10/2/2026, 11:25:15 PM
2026-12-18
$45.00
10/2/2026, 11:25:15 PM
2027-01-15
$65.00
10/2/2026, 11:25:15 PM
2027-04-16
$50.00
10/2/2026, 11:25:15 PM
2027-06-17
$45.00
10/2/2026, 11:25:15 PM
Selected expiration: 2026-10-16 at max pain $50.00.
POWI pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
678000
678000
30
0
536500
536500
35
0
398000
398000
40
2500
259500
262000
45
8000
136000
144000
50
19000
99500
118500
55
53500
76000
129500
60
171500
55000
226500
65
301500
46000
347500
70
478000
37000
515000
75
676000
28500
704500
80
921000
20000
941000
85
1452000
11500
1463500
90
2015500
4000
2019500
95
2595500
3000
2598500
100
3195000
2000
3197000
105
3846500
1000
3847500
110
4542500
0
4542500
115
5754500
0
5754500
120
6967000
0
6967000
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.