This page reflects RAPP 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 — RAPP
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $35.00 (2.83 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$6.70
±20.8%
Days to Expiry
14
Calendar days
Total Call OI
492
Nearest expiry
Total Put OI
144
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$32.17
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
$45.00
8/21/2026, 11:27:37 PM
2026-09-18
$47.50
9/18/2026, 11:26:29 PM
2026-10-16NextUpdated
$35.00
10/2/2026, 11:28:10 PM
2026-11-20
$40.00
10/2/2026, 11:28:10 PM
2026-12-18
$35.00
10/2/2026, 11:28:10 PM
2027-01-15
$40.00
10/2/2026, 11:28:10 PM
2027-02-19
$40.00
10/2/2026, 11:28:10 PM
Selected expiration: 2026-10-16 at max pain $35.00.
RAPP pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
191000
191000
27.5
0
119500
119500
30
0
84250
84250
32.5
0
54750
54750
35
9750
28500
38250
37.5
21250
21000
42250
40
32750
16250
49000
42.5
145250
11750
157000
45
258250
8000
266250
47.5
371500
7000
378500
50
485000
6000
491000
52.5
599250
5000
604250
55
715750
4000
719750
57.5
832250
3000
835250
60
949500
2000
951500
65
1192500
0
1192500
70
1436500
0
1436500
75
1681500
0
1681500
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.