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SNAP

Snap Inc.Close $5.58EOD only
Max Pain
$5.50
Next expiry Oct 9, 2026
Expected Move
±$0.30
5.4% from close
Price Gap
-0.08
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.33
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects SNAP 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 — SNAP
Data as of market close Oct 2, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-10-09 shows max pain at $5.50 (0.08 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$5.50
Nearest expiry
Expected Move
±$0.30
±5.4%
Days to Expiry
7
Calendar days
Total Call OI
23,684
Nearest expiry
Total Put OI
5,495
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$5.58
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$5.509/25/2026, 11:26:34 PM
2026-10-02Updated$5.5010/2/2026, 11:28:25 PM
2026-10-09Next$5.5010/2/2026, 11:28:25 PM
2026-10-16$5.0010/2/2026, 11:28:25 PM
2026-10-23$5.0010/2/2026, 11:28:25 PM
2026-10-30$5.0010/2/2026, 11:28:25 PM
2026-11-06$5.5010/2/2026, 11:28:25 PM
2026-11-20$6.0010/2/2026, 11:28:25 PM
2026-12-18$5.0010/2/2026, 11:28:25 PM
2027-01-15$6.0010/2/2026, 11:28:25 PM
2027-04-16$6.0010/2/2026, 11:28:25 PM
Selected expiration: 2026-10-09 at max pain $5.50.
SNAP pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
1024332002433200
1.51140021584502169850
23275018837001916450
2.55985016089501668800
39310013342501427350
3.513175010596501191400
4174150785300959450
4.5218100512550730650
5263250259750523000
5.533135047100378450
66267505150631900
6.5134555033501348900
7226595021502268100
7.5342640015003427900
8460355010004604550
8.557866005505787150
969706502006970850
9.5815470008154700
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.