This page reflects SHAK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — SHAK
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-09 shows max pain at $60.00 (2.40 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$2.35
±3.8%
Days to Expiry
4
Calendar days
Total Call OI
1,148
Nearest expiry
Total Put OI
457
Nearest expiry
P/C OI Ratio
0.40
Put-heavy
Spot Price
$62.40
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
$56.00
9/25/2026, 11:25:43 PM
2026-10-02
$57.00
10/2/2026, 11:25:29 PM
2026-10-09NextUpdated
$60.00
10/5/2026, 11:29:07 PM
2026-10-16
$60.00
10/5/2026, 11:29:07 PM
2026-10-23
$62.00
10/5/2026, 11:29:07 PM
2026-10-30
$58.00
10/5/2026, 11:29:07 PM
2026-11-06
$58.00
10/5/2026, 11:29:07 PM
2026-11-13
$60.00
10/5/2026, 11:29:07 PM
2026-11-20
$65.00
10/5/2026, 11:29:07 PM
2026-12-18
$65.00
10/5/2026, 11:29:07 PM
2027-01-15
$70.00
10/5/2026, 11:29:07 PM
2027-03-19
$70.00
10/5/2026, 11:29:07 PM
2027-06-17
$80.00
10/5/2026, 11:29:07 PM
2027-09-17
$60.00
10/5/2026, 11:29:07 PM
Selected expiration: 2026-10-09 at max pain $60.00.
SHAK pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
854300
854300
45
0
627800
627800
50
0
402300
402300
51
0
357300
357300
52
0
313300
313300
53
0
270100
270100
54
0
229500
229500
55
0
195200
195200
56
0
164900
164900
57
200
135200
135400
58
1900
108500
110400
59
3700
90600
94300
60
5700
75600
81300
61
21800
62800
84600
62
41100
50800
91900
63
69000
40200
109200
64
100100
30000
130100
65
136800
20000
156800
66
188300
10800
199100
67
243200
2600
245800
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.