This page reflects QURE 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 — QURE
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $32.00 (8.54 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$32.00
Nearest expiry
Expected Move
±$2.68
±11.4%
Days to Expiry
14
Calendar days
Total Call OI
71,989
Nearest expiry
Total Put OI
18,087
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$23.46
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
$41.00
8/21/2026, 11:29:09 PM
2026-09-18
$45.00
9/18/2026, 11:18:56 PM
2026-10-16NextUpdated
$32.00
10/2/2026, 11:25:29 PM
2026-11-20
$33.00
10/2/2026, 11:25:29 PM
2026-12-18
$38.00
10/2/2026, 11:25:29 PM
2027-01-15
$27.00
10/2/2026, 11:25:29 PM
2027-04-16
$50.00
10/2/2026, 11:25:29 PM
Selected expiration: 2026-10-16 at max pain $32.00.
QURE pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
52973800
52973800
2
800
51165100
51165900
3
1900
49356400
49358300
4
3000
47547700
47550700
5
4100
45739000
45743100
6
5400
43930300
43935700
8
8000
40312900
40320900
9
9700
38504200
38513900
10
11400
36695500
36706900
11
13700
34912400
34926100
12
16000
33130400
33146400
13
18400
31353600
31372000
14
23400
29582300
29605700
15
31400
27825900
27857300
16
40800
26097300
26138100
17
67700
24378700
24446400
18
97600
22663700
22761300
19
138700
20952000
21090700
20
180300
19246900
19427200
21
229800
17818200
18048000
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.