This page reflects SITM 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 — SITM
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $610.00 (99.44 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$610.00
Nearest expiry
Expected Move
±$78.35
±11.0%
Days to Expiry
14
Calendar days
Total Call OI
872
Nearest expiry
Total Put OI
985
Nearest expiry
P/C OI Ratio
1.13
Put-heavy
Spot Price
$709.44
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
$580.00
8/21/2026, 11:29:51 PM
2026-09-18
$570.00
9/18/2026, 11:29:47 PM
2026-10-16NextUpdated
$610.00
10/2/2026, 11:25:44 PM
2026-11-20
$580.00
10/2/2026, 11:25:44 PM
2026-12-18
$720.00
10/2/2026, 11:25:44 PM
2027-02-19
$590.00
10/2/2026, 11:25:44 PM
2027-05-21
$360.00
10/2/2026, 11:25:44 PM
Selected expiration: 2026-10-16 at max pain $610.00.
SITM pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
380
0
21724000
21724000
390
0
20481000
20481000
400
1000
19244000
19245000
410
3000
18025000
18028000
420
5000
16824000
16829000
430
12000
15626000
15638000
440
19000
14432000
14451000
450
27000
13256000
13283000
460
35000
12119000
12154000
470
43000
11199000
11242000
480
51000
10321000
10372000
490
59000
9463000
9522000
500
67000
8614000
8681000
510
75000
7871000
7946000
520
83000
7246000
7329000
530
91000
6639000
6730000
540
107000
6054000
6161000
550
133000
5491000
5624000
560
167000
4963000
5130000
570
206000
4471000
4677000
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.