This page reflects ROIV 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 — ROIV
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $37.00 (1.28 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$37.00
Nearest expiry
Expected Move
±$2.83
±7.9%
Days to Expiry
14
Calendar days
Total Call OI
714
Nearest expiry
Total Put OI
387
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$35.72
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
$28.00
8/21/2026, 11:31:44 PM
2026-09-18
$32.00
9/18/2026, 11:27:50 PM
2026-10-16NextUpdated
$37.00
10/2/2026, 11:26:21 PM
2026-11-20
$34.00
10/2/2026, 11:26:21 PM
2026-12-18
$38.00
10/2/2026, 11:26:21 PM
2027-01-15
$33.00
10/2/2026, 11:26:21 PM
2027-02-19
$35.00
10/2/2026, 11:26:21 PM
2027-06-17
$40.00
10/2/2026, 11:26:21 PM
2027-08-20
$35.00
10/2/2026, 11:26:21 PM
Selected expiration: 2026-10-16 at max pain $37.00.
ROIV pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
24
0
472200
472200
30
600
240000
240600
31
5700
209200
214900
32
10800
178400
189200
33
15900
148700
164600
34
21000
119500
140500
35
26100
91900
118000
36
32100
67500
99600
37
39000
50600
89600
38
65500
33900
99400
39
93500
17700
111200
40
121600
2000
123600
41
153500
800
154300
42
194100
300
194400
43
250500
0
250500
44
309700
0
309700
45
369100
0
369100
46
438100
0
438100
47
507700
0
507700
48
577800
0
577800
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.