Strategy Inc - Variable Rate SeClose $99.41EOD only
Max Pain
$95.00
Next expiry Oct 16, 2026
Expected Move
±$1.30
1.3% from close
Price Gap
-4.41
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.95
Balanced positioning
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects STRC 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 — STRC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $95.00 (4.41 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$1.30
±1.3%
Days to Expiry
14
Calendar days
Total Call OI
2,777
Nearest expiry
Total Put OI
2,317
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$99.41
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
$90.00
8/21/2026, 11:33:34 PM
2026-09-18
$95.00
9/18/2026, 11:28:42 PM
2026-10-16NextUpdated
$95.00
10/2/2026, 11:28:27 PM
2026-11-20
$100.00
10/2/2026, 11:28:27 PM
2026-12-18
$100.00
10/2/2026, 11:28:27 PM
2027-03-19
$95.00
10/2/2026, 11:28:27 PM
Selected expiration: 2026-10-16 at max pain $95.00.
STRC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
10679500
10679500
70
0
7470500
7470500
75
0
5866000
5866000
80
0
4268000
4268000
85
0
2777500
2777500
90
0
1340000
1340000
95
1000
130500
131500
100
337000
21000
358000
105
1709500
10500
1720000
110
3101000
0
3101000
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.