thetaOwl
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SE

Sea LimitedClose $95.19EOD only
Max Pain
$95.00
Next expiry Oct 9, 2026
Expected Move
±$2.01
2.1% from close
Price Gap
-0.19
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.70
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects SE 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 — SE
Data as of market close Oct 2, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-10-09 shows max pain at $95.00 (0.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$2.01
±2.1%
Days to Expiry
7
Calendar days
Total Call OI
972
Nearest expiry
Total Put OI
382
Nearest expiry
P/C OI Ratio
0.39
Put-heavy
Spot Price
$95.19
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$102.009/25/2026, 11:33:14 PM
2026-10-02Updated$98.0010/2/2026, 11:26:51 PM
2026-10-09Next$95.0010/2/2026, 11:26:51 PM
2026-10-16$100.0010/2/2026, 11:26:51 PM
2026-10-23$100.0010/2/2026, 11:26:51 PM
2026-10-30$110.0010/2/2026, 11:26:51 PM
2026-11-06$100.0010/2/2026, 11:26:51 PM
2026-11-20$110.0010/2/2026, 11:26:51 PM
2026-12-18$120.0010/2/2026, 11:26:51 PM
2027-01-15$100.0010/2/2026, 11:26:51 PM
2027-02-19$120.0010/2/2026, 11:26:51 PM
2027-03-19$105.0010/2/2026, 11:26:51 PM
2027-05-21$100.0010/2/2026, 11:26:51 PM
2027-06-17$110.0010/2/2026, 11:26:51 PM
2027-09-17$105.0010/2/2026, 11:26:51 PM
Selected expiration: 2026-10-09 at max pain $95.00.
SE pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
850385800385800
880285600285600
900222800222800
930141500141500
953000096300126300
964500081500126500
976000069400129400
987500058100133100
999460048600143200
10011420040600154800
10114700034100181100
10218240028400210800
10322160023100244700
10426330018100281400
10530740013900321300
1063553009700365000
1074061006200412300
1084588003700462500
1095125001800514300
1105665000566500
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.