This page reflects SNPS 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 — SNPS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $415.00 (74.90 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$415.00
Nearest expiry
Expected Move
±$11.95
±2.4%
Days to Expiry
7
Calendar days
Total Call OI
1,426
Nearest expiry
Total Put OI
899
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$489.90
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$385.00
9/25/2026, 11:26:55 PM
2026-10-02Updated
$422.50
10/2/2026, 11:28:32 PM
2026-10-09Next
$415.00
10/2/2026, 11:28:32 PM
2026-10-16
$410.00
10/2/2026, 11:28:32 PM
2026-10-23
$380.00
10/2/2026, 11:28:32 PM
2026-10-30
$370.00
10/2/2026, 11:28:32 PM
2026-11-06
$395.00
10/2/2026, 11:28:32 PM
2026-11-20
$400.00
10/2/2026, 11:28:32 PM
2026-12-18
$400.00
10/2/2026, 11:28:32 PM
2027-01-15
$450.00
10/2/2026, 11:28:32 PM
2027-03-19
$450.00
10/2/2026, 11:28:32 PM
2027-06-17
$400.00
10/2/2026, 11:28:32 PM
2027-09-17
$430.00
10/2/2026, 11:28:32 PM
Selected expiration: 2026-10-09 at max pain $415.00.
SNPS pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
285
0
6574500
6574500
300
0
5227500
5227500
310
1000
4651500
4652500
315
1500
4365000
4366500
320
2000
4079000
4081000
325
3000
3799000
3802000
330
4000
3531000
3535000
335
5000
3264500
3269500
340
6000
3000500
3006500
345
7000
2748500
2755500
350
8000
2499500
2507500
355
9000
2256500
2265500
360
11500
2015000
2026500
362.5
13500
1904000
1917500
365
15500
1796750
1812250
370
22000
1596750
1618750
372.5
25750
1500750
1526500
375
29500
1405250
1434750
380
38500
1221250
1259750
382.5
43000
1139500
1182500
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.