Polestar Automotive Holding UK Close $6.23EOD only
Max Pain
$9.00
Next expiry Oct 16, 2026
Expected Move
±$0.35
5.6% from close
Price Gap
+2.77
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.20
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects PSNY 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 — PSNY
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $9.00 (2.77 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.35
±5.6%
Days to Expiry
14
Calendar days
Total Call OI
367
Nearest expiry
Total Put OI
328
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$6.23
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
$15.00
8/21/2026, 11:28:00 PM
2026-09-18
$13.00
9/18/2026, 11:27:06 PM
2026-10-16NextUpdated
$9.00
10/2/2026, 11:26:09 PM
2026-11-20
$6.00
10/2/2026, 11:26:09 PM
2027-01-15
$0.50
10/2/2026, 11:26:09 PM
2027-04-16
$10.00
10/2/2026, 11:26:09 PM
Selected expiration: 2026-10-16 at max pain $9.00.
PSNY pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
4
0
194900
194900
5
800
162100
162900
6
1600
134400
136000
7
2400
109700
112100
8
5100
87400
92500
9
13100
77800
90900
10
27000
68600
95600
11
51700
62500
114200
12
76500
56600
133100
13
101300
51500
152800
14
127000
47000
174000
15
152800
42500
195300
16
178800
38000
216800
17
204800
34400
239200
18
234900
31200
266100
19
266100
28000
294100
20
297400
24800
322200
21
328700
21600
350300
22
360200
18400
378600
23
395000
15200
410200
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.