This page reflects SBET 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 — SBET
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $9.00 (0.35 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.65
±7.0%
Days to Expiry
7
Calendar days
Total Call OI
6,446
Nearest expiry
Total Put OI
2,687
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$9.35
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$9.50
9/25/2026, 11:25:29 PM
2026-10-02Updated
$9.50
10/2/2026, 11:26:55 PM
2026-10-09Next
$9.00
10/2/2026, 11:26:55 PM
2026-10-16
$8.00
10/2/2026, 11:26:55 PM
2026-10-23
$9.00
10/2/2026, 11:26:55 PM
2026-10-30
$9.50
10/2/2026, 11:26:55 PM
2026-11-06
$8.00
10/2/2026, 11:26:55 PM
2026-11-20
$10.00
10/2/2026, 11:26:55 PM
2026-12-18
$9.00
10/2/2026, 11:26:55 PM
2027-01-15
$8.00
10/2/2026, 11:26:55 PM
2027-04-16
$6.00
10/2/2026, 11:26:55 PM
Selected expiration: 2026-10-09 at max pain $9.00.
SBET pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
1857950
1857950
3
400
1589250
1589650
4
1100
1320550
1321650
4.5
1500
1186200
1187700
5
1950
1051850
1053800
5.5
5400
917550
922950
6
8900
783350
792250
6.5
12450
654350
666800
7
16050
525350
541400
7.5
20250
396600
416850
8
25100
273750
298850
8.5
31550
155050
186600
9
51450
66400
117850
9.5
93950
4950
98900
10
155250
1100
156350
10.5
250350
550
250900
11
460950
150
461100
11.5
692600
0
692600
12
937100
0
937100
12.5
1216800
0
1216800
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.