thetaOwl

SCCO

Southern Copper CorporationClose $205.54EOD only
Max Pain
$195.00
Next expiry Oct 9, 2026
Expected Move
±$8.85
4.3% from close
Price Gap
-10.54
Distance to max pain
IV Rank
14
Low premium
P/C OI
1.00
Balanced positioning
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects SCCO 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 — SCCO
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $195.00 (10.54 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$195.00
Nearest expiry
Expected Move
±$8.85
±4.3%
Days to Expiry
7
Calendar days
Total Call OI
1,604
Nearest expiry
Total Put OI
3,385
Nearest expiry
P/C OI Ratio
2.11
Put-heavy
Spot Price
$205.54
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$197.509/25/2026, 11:29:03 PM
2026-10-02Updated$200.0010/2/2026, 11:29:49 PM
2026-10-09Next$195.0010/2/2026, 11:29:49 PM
2026-10-16$197.5010/2/2026, 11:29:49 PM
2026-10-23$190.0010/2/2026, 11:29:49 PM
2026-10-30$200.0010/2/2026, 11:29:49 PM
2026-11-06$200.0010/2/2026, 11:29:49 PM
2026-11-20$180.0010/2/2026, 11:29:49 PM
2026-12-18$195.0010/2/2026, 11:29:49 PM
2027-01-15$180.0010/2/2026, 11:29:49 PM
2027-03-19$200.0010/2/2026, 11:29:49 PM
2027-07-16$200.0010/2/2026, 11:29:49 PM
Selected expiration: 2026-10-09 at max pain $195.00.
SCCO pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
12502233175022331750
13002063975020639750
13501894775018947750
14510001556375015564750
15035001387175013875250
15560001218475012190750
16085001050075010509250
1651100088197508830750
1701350071432507156750
1751600054817505497750
177.51725046667504684000
1801850038770003895500
182.51975031077503127500
1852100023390002360000
187.52500015865001611500
19029250836000865250
192.534000565000599000
19538750300750339500
197.56025041750102000
2009550024750120250
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.