This page reflects POWL 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 — POWL
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $180.00 (16.10 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$180.00
Nearest expiry
Expected Move
±$15.80
±8.1%
Days to Expiry
14
Calendar days
Total Call OI
1,453
Nearest expiry
Total Put OI
1,285
Nearest expiry
P/C OI Ratio
0.88
Put-heavy
Spot Price
$196.10
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
$233.33
8/21/2026, 11:26:59 PM
2026-09-18
$185.00
9/18/2026, 11:23:17 PM
2026-10-16NextUpdated
$180.00
10/2/2026, 11:26:31 PM
2026-11-20
$210.00
10/2/2026, 11:26:31 PM
2026-12-18
$140.00
10/2/2026, 11:26:31 PM
2027-02-19
$210.00
10/2/2026, 11:26:31 PM
2027-05-21
$155.00
10/2/2026, 11:26:31 PM
2027-08-20
$115.00
10/2/2026, 11:26:31 PM
Selected expiration: 2026-10-16 at max pain $180.00.
POWL pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
115
0
6419000
6419000
120
0
5778000
5778000
125
0
5139500
5139500
130
0
4502500
4502500
135
0
3873500
3873500
140
2000
3285000
3287000
145
4000
2707500
2711500
150
6000
2158000
2164000
155
8000
1693000
1701000
160
10000
1245000
1255000
165
17500
865000
882500
170
26500
516500
543000
175
69500
377500
447000
180
143500
252500
396000
185
263500
165500
429000
190
404000
109000
513000
195
601500
73000
674500
200
817500
59000
876500
210
1376500
39000
1415500
220
2241500
22000
2263500
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.