This page reflects SKE 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 — SKE
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $30.00 (0.06 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.30
±7.7%
Days to Expiry
14
Calendar days
Total Call OI
1,314
Nearest expiry
Total Put OI
849
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$29.94
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
$30.00
8/21/2026, 11:30:28 PM
2026-09-18
$32.50
9/18/2026, 11:26:57 PM
2026-10-16NextUpdated
$30.00
10/2/2026, 11:28:07 PM
2026-11-20
$32.50
10/2/2026, 11:28:07 PM
2027-01-15
$30.00
10/2/2026, 11:28:07 PM
2027-04-16
$32.50
10/2/2026, 11:28:07 PM
Selected expiration: 2026-10-16 at max pain $30.00.
SKE pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
1179500
1179500
15
750
967250
968000
17.5
1500
771250
772750
20
2250
576250
578500
22.5
3000
384750
387750
25
5250
202500
207750
27.5
11250
89750
101000
30
18000
30500
48500
32.5
85750
2000
87750
35
197750
1000
198750
37.5
390750
500
391250
40
629250
0
629250
42.5
918750
0
918750
45
1208250
0
1208250
50
1863750
0
1863750
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.