Restaurant Brands InternationalClose $69.91EOD only
Max Pain
$72.50
Next expiry Oct 16, 2026
Expected Move
±$2.72
3.9% from close
Price Gap
+2.59
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.11
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects QSR 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 — QSR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $72.50 (2.59 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$72.50
Nearest expiry
Expected Move
±$2.72
±3.9%
Days to Expiry
14
Calendar days
Total Call OI
38,881
Nearest expiry
Total Put OI
2,281
Nearest expiry
P/C OI Ratio
0.06
Put-heavy
Spot Price
$69.91
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
$72.50
8/21/2026, 11:30:05 PM
2026-09-18
$75.00
9/18/2026, 11:30:19 PM
2026-10-16NextUpdated
$72.50
10/2/2026, 11:26:24 PM
2026-11-20
$72.50
10/2/2026, 11:26:24 PM
2026-12-18
$70.00
10/2/2026, 11:26:24 PM
2027-01-15
$67.50
10/2/2026, 11:26:24 PM
2027-04-16
$77.50
10/2/2026, 11:26:24 PM
2027-06-17
$70.00
10/2/2026, 11:26:24 PM
Selected expiration: 2026-10-16 at max pain $72.50.
QSR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
42.5
0
6370000
6370000
45
0
5794750
5794750
50
0
4644250
4644250
55
0
3495750
3495750
60
0
2360750
2360750
62.5
750
1801500
1802250
65
1750
1258250
1260000
67.5
2750
759750
762500
70
4500
295750
300250
72.5
1217000
79250
1296250
75
4246500
23250
4269750
77.5
9769000
8250
9777250
80
16849500
0
16849500
82.5
24454250
0
24454250
85
32394750
0
32394750
87.5
40517750
0
40517750
90
48666500
0
48666500
95
65173500
0
65173500
100
81791000
0
81791000
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.