This page reflects SA 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 — SA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $30.00 (3.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.10
±7.8%
Days to Expiry
14
Calendar days
Total Call OI
11,985
Nearest expiry
Total Put OI
4,541
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$26.97
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
$27.00
8/21/2026, 11:31:54 PM
2026-09-18
$30.00
9/18/2026, 11:29:00 PM
2026-10-16NextUpdated
$30.00
10/2/2026, 11:27:04 PM
2026-11-20
$25.00
10/2/2026, 11:27:04 PM
2027-01-15
$10.00
10/2/2026, 11:27:04 PM
2027-02-19
$25.00
10/2/2026, 11:27:04 PM
2027-05-21
$25.00
10/2/2026, 11:27:04 PM
Selected expiration: 2026-10-16 at max pain $30.00.
SA pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
23
0
1542600
1542600
24
1800
1154000
1155800
25
3700
833100
836800
26
7700
575000
582700
27
13900
434900
448800
28
27700
320400
348100
29
48900
219300
268200
30
74500
141200
215700
31
156500
87500
244000
32
253000
46200
299200
33
424100
25100
449200
34
690500
12700
703200
35
992800
5400
998200
36
1433600
2300
1435900
37
1900000
0
1900000
38
2397000
0
2397000
39
2912800
0
2912800
40
3600800
0
3600800
41
4614700
0
4614700
42
5690800
0
5690800
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.