This page reflects SN 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 — SN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $185.00 (2.43 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$185.00
Nearest expiry
Expected Move
±$11.80
±6.5%
Days to Expiry
14
Calendar days
Total Call OI
2,919
Nearest expiry
Total Put OI
3,576
Nearest expiry
P/C OI Ratio
1.23
Put-heavy
Spot Price
$182.57
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
$160.00
8/21/2026, 11:31:37 PM
2026-09-18
$170.00
9/18/2026, 11:27:39 PM
2026-10-16NextUpdated
$185.00
10/2/2026, 11:28:31 PM
2026-11-20
$180.00
10/2/2026, 11:28:31 PM
2026-12-18
$175.00
10/2/2026, 11:28:31 PM
2027-01-15
$135.00
10/2/2026, 11:28:31 PM
2027-03-19
$180.00
10/2/2026, 11:28:31 PM
Selected expiration: 2026-10-16 at max pain $185.00.
SN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
13050000
13050000
135
2500
11321000
11323500
140
5000
9594500
9599500
145
8500
7874500
7883000
150
27000
6237000
6264000
155
52000
4636000
4688000
160
92000
3296000
3388000
165
143000
2323000
2466000
170
293500
1557000
1850500
175
590500
910500
1501000
180
936500
487000
1423500
185
1315500
94500
1410000
190
1839000
1000
1840000
195
2487500
0
2487500
200
3606000
0
3606000
210
5876000
0
5876000
220
8173000
0
8173000
240
13979000
0
13979000
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.