This page reflects SOUN 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 — SOUN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $6.00 (0.16 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.35
±6.1%
Days to Expiry
7
Calendar days
Total Call OI
12,997
Nearest expiry
Total Put OI
3,053
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$5.84
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
$6.00
9/25/2026, 11:30:16 PM
2026-10-02Updated
$6.00
10/2/2026, 11:28:35 PM
2026-10-09Next
$6.00
10/2/2026, 11:28:35 PM
2026-10-16
$9.00
10/2/2026, 11:28:35 PM
2026-10-23
$6.00
10/2/2026, 11:28:35 PM
2026-10-30
$6.00
10/2/2026, 11:28:35 PM
2026-11-06
$6.00
10/2/2026, 11:28:35 PM
2026-11-20
$6.00
10/2/2026, 11:28:35 PM
2027-01-15
$8.00
10/2/2026, 11:28:35 PM
2027-04-16
$7.00
10/2/2026, 11:28:35 PM
Selected expiration: 2026-10-09 at max pain $6.00.
SOUN pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
1271300
1271300
2.5
1000
1119100
1120100
3
2800
968500
971300
3.5
4900
819300
824200
4
8200
671250
679450
4.5
11600
523400
535000
5
15500
376100
391600
5.5
20150
238050
258200
6
33200
128400
161600
6.5
115950
73600
189550
7
402100
51600
453700
7.5
867350
39550
906900
8
1385600
29350
1414950
8.5
1929000
21000
1950000
9
2509500
12750
2522250
9.5
3135450
5900
3141350
10
3763050
2500
3765550
10.5
4405850
1850
4407700
11
5049350
1300
5050650
11.5
5698700
950
5699650
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.