Nearest listed expiration 2026-10-05 shows max pain at $148.00 (15.71 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$148.00
Nearest expiry
Expected Move
±$7.05
±4.3%
Days to Expiry
3
Calendar days
Total Call OI
6,431
Nearest expiry
Total Put OI
12,255
Nearest expiry
P/C OI Ratio
1.91
Put-heavy
Spot Price
$163.71
Published close
Consensus
3.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-05
Expiration
Max Pain Strike
Last Updated
2026-09-30
$146.00
9/30/2026, 11:30:16 PM
2026-10-02Updated
$141.00
10/2/2026, 11:32:14 PM
2026-10-05Next
$148.00
10/2/2026, 11:32:14 PM
2026-10-07
$146.00
10/2/2026, 11:32:14 PM
2026-10-09
$131.00
10/2/2026, 11:32:14 PM
2026-10-16
$130.00
10/2/2026, 11:32:14 PM
2026-10-23
$130.00
10/2/2026, 11:32:14 PM
2026-10-30
$126.00
10/2/2026, 11:32:14 PM
2026-11-06
$143.00
10/2/2026, 11:32:14 PM
2026-11-20
$125.00
10/2/2026, 11:32:14 PM
2026-12-18
$125.00
10/2/2026, 11:32:14 PM
2027-01-15
$45.00
10/2/2026, 11:32:14 PM
2027-02-19
$110.00
10/2/2026, 11:32:14 PM
2027-05-21
$107.00
10/2/2026, 11:32:14 PM
Selected expiration: 2026-10-05 at max pain $148.00.
SOXL pain by strike for 2026-10-05 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
68050900
68050900
70
0
61941900
61941900
80
0
49724900
49724900
90
0
37564900
37564900
96
0
30268900
30268900
97
0
29118300
29118300
98
0
27967800
27967800
99
500
26817400
26817900
100
1000
25698400
25699400
102
2400
23465200
23467600
103
3100
22348800
22351900
104
3800
21299000
21302800
105
4500
20453500
20458000
106
5200
19610500
19615700
107
6400
18789800
18796200
108
7600
17997500
18005100
109
9000
17235900
17244900
110
10500
16476600
16487100
111
12000
15741500
15753500
112
13600
15012900
15026500
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.