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QQQ

Invesco QQQ TrustClose $749.58EOD only
Max Pain
$740.00
Next expiry Oct 5, 2026
Expected Move
±$5.67
0.8% from close
Price Gap
-9.58
Distance to max pain
IV Rank
3
Low premium
P/C OI
1.45
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects QQQ 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 — QQQ
Data as of market close Oct 2, 2026
Open Directional Report

Nearest listed expiration 2026-10-05 shows max pain at $740.00 (9.58 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$740.00
Nearest expiry
Expected Move
±$5.67
±0.8%
Days to Expiry
3
Calendar days
Total Call OI
70,842
Nearest expiry
Total Put OI
174,042
Nearest expiry
P/C OI Ratio
2.46
Put-heavy
Spot Price
$749.58
Published close
Consensus
6.5/10
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-05
ExpirationMax Pain StrikeLast Updated
2026-10-01$740.0010/1/2026, 11:30:09 PM
2026-10-02Updated$738.0010/2/2026, 11:30:57 PM
2026-10-05Next$740.0010/2/2026, 11:30:57 PM
2026-10-06$739.0010/2/2026, 11:30:57 PM
2026-10-07$740.0010/2/2026, 11:30:57 PM
2026-10-08$740.0010/2/2026, 11:30:57 PM
2026-10-09$735.0010/2/2026, 11:30:57 PM
2026-10-16$725.0010/2/2026, 11:30:57 PM
2026-10-23$730.0010/2/2026, 11:30:57 PM
2026-10-30$733.0010/2/2026, 11:30:57 PM
2026-11-06$745.0010/2/2026, 11:30:57 PM
2026-11-20$730.0010/2/2026, 11:30:57 PM
2026-11-30$730.0010/2/2026, 11:30:57 PM
2026-12-18$700.0010/2/2026, 11:30:57 PM
2026-12-31$715.0010/2/2026, 11:30:57 PM
2027-01-15$680.0010/2/2026, 11:30:57 PM
2027-02-19$760.0010/2/2026, 11:30:57 PM
2027-03-19$715.0010/2/2026, 11:30:57 PM
2027-03-31$680.0010/2/2026, 11:30:57 PM
2027-06-17$725.0010/2/2026, 11:30:57 PM
2027-06-30$715.0010/2/2026, 11:30:57 PM
2027-09-17$720.0010/2/2026, 11:30:57 PM
Selected expiration: 2026-10-05 at max pain $740.00.
QQQ pain by strike for 2026-10-05 expiration
StrikeCall PainPut PainTotal Pain
450040897825004089782500
470037421745003742174500
475036553235003655323500
480035685350003568535000
485034818335003481833500
490033951520003395152000
495033085390003308539000
500032220580003222058000
505031355825003135582500
510030492640003049264000
515029630765002963076500
520028770350002877035000
525027912345002791234500
530027055390002705539000
535026201185002620118500
540025349440002534944000
545024499190002449919000
550023650355002365035500
555022804300002280430000
560021959735002195973500
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.