This page reflects SAH 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 — SAH
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-11-20 shows max pain at $70.00 (7.17 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$18.50
±29.4%
Days to Expiry
49
Calendar days
Total Call OI
237
Nearest expiry
Total Put OI
320
Nearest expiry
P/C OI Ratio
1.35
Put-heavy
Spot Price
$62.83
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-11-20
Expiration
Max Pain Strike
Last Updated
2026-08-21
$115.00
8/21/2026, 11:29:59 PM
2026-09-18
$75.00
9/18/2026, 11:27:54 PM
2026-11-20NextUpdated
$70.00
10/2/2026, 11:27:06 PM
2026-12-18
$75.00
10/2/2026, 11:27:06 PM
2027-02-19
$85.00
10/2/2026, 11:27:06 PM
Selected expiration: 2026-11-20 at max pain $70.00.
SAH pain by strike for 2026-11-20 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
156500
156500
60
500
36000
36500
65
1000
4000
5000
70
2000
0
2000
75
96500
0
96500
85
307500
0
307500
90
413000
0
413000
100
626000
0
626000
105
734500
0
734500
110
845000
0
845000
115
956000
0
956000
120
1067000
0
1067000
125
1179500
0
1179500
130
1293500
0
1293500
140
1525500
0
1525500
145
1642500
0
1642500
150
1760500
0
1760500
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.