Charles Schwab Corporation (TheClose $96.70EOD only
Max Pain
$100.00
Next expiry Oct 9, 2026
Expected Move
±$2.54
2.6% from close
Price Gap
+3.30
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.91
Balanced positioning
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects SCHW 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 — SCHW
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $100.00 (3.30 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$2.54
±2.6%
Days to Expiry
7
Calendar days
Total Call OI
4,181
Nearest expiry
Total Put OI
7,370
Nearest expiry
P/C OI Ratio
1.76
Put-heavy
Spot Price
$96.70
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
$101.00
9/25/2026, 11:26:58 PM
2026-10-02Updated
$100.00
10/2/2026, 11:26:55 PM
2026-10-09Next
$100.00
10/2/2026, 11:26:55 PM
2026-10-16
$103.00
10/2/2026, 11:26:55 PM
2026-10-23
$103.00
10/2/2026, 11:26:55 PM
2026-10-30
$100.00
10/2/2026, 11:26:55 PM
2026-11-06
$102.00
10/2/2026, 11:26:55 PM
2026-11-20
$105.00
10/2/2026, 11:26:55 PM
2026-12-18
$100.00
10/2/2026, 11:26:55 PM
2027-01-15
$92.50
10/2/2026, 11:26:55 PM
2027-02-19
$105.00
10/2/2026, 11:26:55 PM
2027-03-19
$100.00
10/2/2026, 11:26:55 PM
2027-06-17
$95.00
10/2/2026, 11:26:55 PM
2027-09-17
$110.00
10/2/2026, 11:26:55 PM
Selected expiration: 2026-10-09 at max pain $100.00.
SCHW pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
16843200
16843200
70
0
13381700
13381700
75
0
10425700
10425700
80
0
7948200
7948200
85
0
5471700
5471700
87
600
4486900
4487500
90
1500
3012400
3013900
91
36200
2531200
2567400
92
70900
2156400
2227300
93
106400
1790500
1896900
94
142000
1428200
1570200
95
177600
1070900
1248500
96
213200
787100
1000300
97
248800
573900
822700
98
293700
391700
685400
99
363100
246400
609500
100
446200
141200
587400
101
544800
81900
626700
102
668900
47900
716800
103
812400
21300
833700
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.