This page reflects PTC 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 — PTC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $140.00 (4.03 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$140.00
Nearest expiry
Expected Move
±$10.35
±7.2%
Days to Expiry
14
Calendar days
Total Call OI
1,756
Nearest expiry
Total Put OI
1,233
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$144.03
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
$120.00
8/21/2026, 11:27:53 PM
2026-09-18
$145.00
9/18/2026, 11:24:28 PM
2026-10-16NextUpdated
$140.00
10/2/2026, 11:27:07 PM
2026-11-20
$130.00
10/2/2026, 11:27:07 PM
2027-01-15
$120.00
10/2/2026, 11:27:07 PM
2027-04-16
$125.00
10/2/2026, 11:27:07 PM
Selected expiration: 2026-10-16 at max pain $140.00.
PTC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
16561500
16561500
70
0
15426500
15426500
75
500
14293000
14293500
80
1000
13162000
13163000
85
1500
12032500
12034000
90
2000
10904000
10906000
95
4000
9777000
9781000
100
6000
8652000
8658000
105
8500
7528500
7537000
110
11500
6405000
6416500
115
14500
5298500
5313000
120
17500
4205500
4223000
125
25500
3129000
3154500
130
34500
2062000
2096500
135
47000
1025000
1072000
140
65500
33500
99000
145
108500
21000
129500
150
367500
14500
382000
155
736000
11000
747000
160
1435000
8000
1443000
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.