This page reflects SPSC 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 — SPSC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $80.00 (2.35 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$8.55
±10.4%
Days to Expiry
14
Calendar days
Total Call OI
340
Nearest expiry
Total Put OI
107
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$82.35
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$60.00
8/21/2026, 11:31:24 PM
2026-09-18
$80.00
9/18/2026, 11:30:22 PM
2026-10-16NextUpdated
$80.00
10/2/2026, 11:26:02 PM
2026-11-20
$80.00
10/2/2026, 11:26:02 PM
2027-01-15
$60.00
10/2/2026, 11:26:02 PM
2027-04-16
$90.00
10/2/2026, 11:26:02 PM
Selected expiration: 2026-10-16 at max pain $80.00.
SPSC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
460000
460000
35
0
407000
407000
45
0
302000
302000
50
2000
252500
254500
55
4500
204500
209000
60
13500
158000
171500
65
22500
111500
134000
70
33000
74000
107000
75
49000
45000
94000
80
68500
16500
85000
85
148500
0
148500
90
308000
0
308000
95
469500
0
469500
100
633000
0
633000
105
798000
0
798000
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.