thetaOwl

PSIX

Power Solutions International, Close $44.85EOD only
Max Pain
$45.00
Next expiry Oct 16, 2026
Expected Move
±$5.45
12.2% from close
Price Gap
+0.15
Distance to max pain
IV Rank
1
Low premium
P/C OI
0.40
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-10-16 shows max pain at $45.00 (0.15 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$5.45
±12.2%
Days to Expiry
14
Calendar days
Total Call OI
4,085
Nearest expiry
Total Put OI
2,973
Nearest expiry
P/C OI Ratio
0.73
Put-heavy
Spot Price
$44.85
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$35.008/21/2026, 11:29:39 PM
2026-09-18$40.009/18/2026, 11:28:34 PM
2026-10-16NextUpdated$45.0010/2/2026, 11:25:22 PM
2026-11-20$35.0010/2/2026, 11:25:22 PM
2027-02-19$25.0010/2/2026, 11:25:22 PM
2027-05-21$40.0010/2/2026, 11:25:22 PM
Selected expiration: 2026-10-16 at max pain $45.00.
PSIX pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
22.5064277506427750
25056860005686000
30042160004216000
35200027660002768000
40800013610001369000
45109000500109500
506540000654000
55245750002457500
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.