This page reflects SHOO 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 — SHOO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $35.00 (10.97 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$3.12
±6.8%
Days to Expiry
14
Calendar days
Total Call OI
13,519
Nearest expiry
Total Put OI
4,179
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$45.97
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$35.00
8/21/2026, 11:30:31 PM
2026-09-18
$40.00
9/18/2026, 11:29:38 PM
2026-10-16NextUpdated
$35.00
10/2/2026, 11:30:14 PM
2026-11-20
$40.00
10/2/2026, 11:30:14 PM
2026-12-18
$45.00
10/2/2026, 11:30:14 PM
2027-01-15
$40.00
10/2/2026, 11:30:14 PM
2027-03-19
$50.00
10/2/2026, 11:30:14 PM
Selected expiration: 2026-10-16 at max pain $35.00.
SHOO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
8978500
8978500
15
0
7934000
7934000
17.5
0
6889500
6889500
22.5
0
4800500
4800500
25
250
3756000
3756250
30
45250
1917000
1962250
35
90250
78000
168250
40
136750
35500
172250
45
343750
5500
349250
50
5867750
4000
5871750
55
11437250
2500
11439750
60
18196750
1000
18197750
65
24956250
0
24956250
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.