This page reflects RS 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 — RS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $380.00 (20.31 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$380.00
Nearest expiry
Expected Move
±$14.15
±3.5%
Days to Expiry
14
Calendar days
Total Call OI
122
Nearest expiry
Total Put OI
39
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$400.31
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
$400.00
8/21/2026, 11:25:52 PM
2026-09-18
$380.00
9/18/2026, 11:28:39 PM
2026-10-16NextUpdated
$380.00
10/2/2026, 11:29:09 PM
2026-11-20
$370.00
10/2/2026, 11:29:09 PM
2026-12-18
$350.00
10/2/2026, 11:29:09 PM
2027-03-19
$370.00
10/2/2026, 11:29:09 PM
2027-06-17
$330.00
10/2/2026, 11:29:09 PM
Selected expiration: 2026-10-16 at max pain $380.00.
RS pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
240
0
513000
513000
250
10000
476000
486000
260
20000
439000
459000
270
30000
403000
433000
280
40000
367000
407000
290
50000
331000
381000
300
60000
295000
355000
330
93000
193000
286000
350
115000
127000
242000
360
139000
94000
233000
370
163000
63000
226000
380
187000
36000
223000
390
217000
17000
234000
400
253000
7000
260000
410
299000
2000
301000
420
374000
0
374000
430
451000
0
451000
450
609000
0
609000
460
694000
0
694000
470
816000
0
816000
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.