This page reflects SKYW 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 — SKYW
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $105.00 (8.57 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$5.38
±5.6%
Days to Expiry
14
Calendar days
Total Call OI
451
Nearest expiry
Total Put OI
347
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$96.43
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
$97.50
8/21/2026, 11:31:34 PM
2026-09-18
$95.00
9/18/2026, 11:33:10 PM
2026-10-16NextUpdated
$105.00
10/2/2026, 11:30:28 PM
2026-11-20
$95.00
10/2/2026, 11:30:28 PM
2027-01-15
$92.50
10/2/2026, 11:30:28 PM
2027-05-21
$75.00
10/2/2026, 11:30:28 PM
Selected expiration: 2026-10-16 at max pain $105.00.
SKYW pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
42.5
0
1889250
1889250
47.5
0
1715750
1715750
50
0
1629000
1629000
55
500
1455500
1456000
60
1000
1282000
1283000
65
2000
1108500
1110500
70
3000
936500
939500
75
4500
770500
775000
77.5
5500
690000
695500
80
6500
622000
628500
82.5
7500
556000
563500
85
8500
491250
499750
87.5
9500
433250
442750
90
13000
375250
388250
92.5
18750
323750
342500
95
27250
274000
301250
97.5
37000
235750
272750
100
49500
198500
248000
105
108500
130500
239000
110
293000
64000
357000
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.