thetaOwl

REGN

Regeneron Pharmaceuticals, Inc.Close $735.20EOD only
Max Pain
$760.00
Next expiry Oct 9, 2026
Expected Move
±$21.55
2.9% from close
Price Gap
+24.80
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.72
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects REGN 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 — REGN
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $760.00 (24.80 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$760.00
Nearest expiry
Expected Move
±$21.55
±2.9%
Days to Expiry
7
Calendar days
Total Call OI
89
Nearest expiry
Total Put OI
67
Nearest expiry
P/C OI Ratio
0.75
Put-heavy
Spot Price
$735.20
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$792.509/25/2026, 11:28:06 PM
2026-10-02Updated$765.0010/2/2026, 11:27:42 PM
2026-10-09Next$760.0010/2/2026, 11:27:42 PM
2026-10-16$780.0010/2/2026, 11:27:42 PM
2026-10-23$740.0010/2/2026, 11:27:42 PM
2026-10-30$780.0010/2/2026, 11:27:42 PM
2026-11-20$740.0010/2/2026, 11:27:42 PM
2026-12-18$740.0010/2/2026, 11:27:42 PM
2027-01-15$760.0010/2/2026, 11:27:42 PM
2027-02-19$740.0010/2/2026, 11:27:42 PM
2027-03-19$740.0010/2/2026, 11:27:42 PM
2027-05-21$690.0010/2/2026, 11:27:42 PM
2027-06-17$780.0010/2/2026, 11:27:42 PM
2027-09-17$820.0010/2/2026, 11:27:42 PM
Selected expiration: 2026-10-09 at max pain $760.00.
REGN pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
6700542000542000
71048000274000322000
72060000215000275000
73073000159000232000
74086000106000192000
75010900065000174000
76013200028000160000
77015500014000169000
7801780001000179000
7902170000217000
8002580000258000
8103160000316000
8153490000349000
8203825000382500
8304525000452500
8354880000488000
8405240000524000
8455620000562000
8506010000601000
8556405000640500
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.