This page reflects SAIA 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 — SAIA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $350.00 (1.12 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$350.00
Nearest expiry
Expected Move
±$21.90
±6.2%
Days to Expiry
14
Calendar days
Total Call OI
378
Nearest expiry
Total Put OI
231
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$351.12
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
$360.00
8/21/2026, 11:29:51 PM
2026-09-18
$350.00
9/18/2026, 11:26:03 PM
2026-10-16NextUpdated
$350.00
10/2/2026, 11:27:29 PM
2026-11-20
$350.00
10/2/2026, 11:27:29 PM
2026-12-18
$300.00
10/2/2026, 11:27:29 PM
2027-03-19
$330.00
10/2/2026, 11:27:29 PM
Selected expiration: 2026-10-16 at max pain $350.00.
SAIA pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
270
0
1253000
1253000
280
1000
1023000
1024000
290
2000
846000
848000
300
3000
670000
673000
310
5000
514000
519000
320
13000
365000
378000
330
37000
237000
274000
340
65000
138000
203000
350
120000
62000
182000
360
183000
13000
196000
370
267000
8000
275000
380
356000
4000
360000
390
452000
0
452000
400
567000
0
567000
410
833000
0
833000
420
1100000
0
1100000
440
1854000
0
1854000
460
2608000
0
2608000
470
2986000
0
2986000
480
3364000
0
3364000
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.