thetaOwl

SHIP

Seanergy Maritime Holdings CorpClose $17.82EOD only
Max Pain
$15.00
Next expiry Oct 16, 2026
Expected Move
±$1.05
5.9% from close
Price Gap
-2.82
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.32
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-10-16 shows max pain at $15.00 (2.82 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$1.05
±5.9%
Days to Expiry
14
Calendar days
Total Call OI
1,039
Nearest expiry
Total Put OI
524
Nearest expiry
P/C OI Ratio
0.50
Put-heavy
Spot Price
$17.82
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$16.008/21/2026, 11:28:55 PM
2026-09-18$18.009/18/2026, 11:32:49 PM
2026-10-16NextUpdated$15.0010/2/2026, 11:29:17 PM
2026-11-20$18.0010/2/2026, 11:29:17 PM
2027-01-15$14.0010/2/2026, 11:29:17 PM
2027-04-16$10.0010/2/2026, 11:29:17 PM
Selected expiration: 2026-10-16 at max pain $15.00.
SHIP pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
50599900599900
70495100495100
82100442700444800
94200390300394500
106300337900344200
118400287300295700
1210800236900247700
1319500186500206000
1445400141800187200
157890097100176000
1612490055600180500
1717830022700201000
182395006300245800
19307600400308000
20404400200404600
215039000503900
226066000606600
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.