Nearest listed expiration 2026-10-09 shows max pain at $16.50 (0.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.50
Nearest expiry
Expected Move
±$0.71
±4.5%
Days to Expiry
7
Calendar days
Total Call OI
87,810
Nearest expiry
Total Put OI
45,722
Nearest expiry
P/C OI Ratio
0.52
Put-heavy
Spot Price
$15.77
Published close
Consensus
8.0/10
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
$17.00
9/25/2026, 11:30:00 PM
2026-10-02Updated
$16.00
10/2/2026, 11:29:05 PM
2026-10-09Next
$16.50
10/2/2026, 11:29:05 PM
2026-10-16
$17.00
10/2/2026, 11:29:05 PM
2026-10-23
$17.00
10/2/2026, 11:29:05 PM
2026-10-30
$16.50
10/2/2026, 11:29:05 PM
2026-11-06
$16.00
10/2/2026, 11:29:05 PM
2026-11-20
$17.00
10/2/2026, 11:29:05 PM
2026-12-18
$18.00
10/2/2026, 11:29:05 PM
2027-01-15
$15.00
10/2/2026, 11:29:05 PM
2027-03-19
$17.00
10/2/2026, 11:29:05 PM
2027-04-16
$18.00
10/2/2026, 11:29:05 PM
2027-06-17
$17.00
10/2/2026, 11:29:05 PM
2027-09-17
$17.00
10/2/2026, 11:29:05 PM
Selected expiration: 2026-10-09 at max pain $16.50.
SOFI pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
51086150
51086150
9
800
32797350
32798150
10
1400
28225150
28226550
11
9200
23654650
23663850
11.5
13300
21399750
21413050
12
17450
19144850
19162300
12.5
22750
16893700
16916450
13
29700
14648950
14678650
13.5
37500
12407400
12444900
14
47050
10170300
10217350
14.5
68050
7957050
8025100
15
95300
5931550
6026850
15.5
157700
4158200
4315900
16
394500
2669150
3063650
16.5
998400
1585000
2583400
17
1850850
837850
2688700
17.5
3229150
337100
3566250
18
5743400
94650
5838050
18.5
8750400
25250
8775650
19
12014200
13350
12027550
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.