This page reflects STT 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 — STT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $180.00 (4.04 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$180.00
Nearest expiry
Expected Move
±$10.55
±6.0%
Days to Expiry
14
Calendar days
Total Call OI
2,364
Nearest expiry
Total Put OI
1,715
Nearest expiry
P/C OI Ratio
0.73
Put-heavy
Spot Price
$175.96
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
$175.00
8/21/2026, 11:31:16 PM
2026-09-18
$175.00
9/18/2026, 11:29:52 PM
2026-10-16NextUpdated
$180.00
10/2/2026, 11:28:53 PM
2026-11-20
$185.00
10/2/2026, 11:28:53 PM
2026-12-18
$175.00
10/2/2026, 11:28:53 PM
2027-01-15
$150.00
10/2/2026, 11:28:53 PM
2027-02-19
$180.00
10/2/2026, 11:28:53 PM
2027-03-19
$160.00
10/2/2026, 11:28:53 PM
2027-05-21
$150.00
10/2/2026, 11:28:53 PM
2027-06-17
$180.00
10/2/2026, 11:28:53 PM
2027-09-17
$160.00
10/2/2026, 11:28:53 PM
Selected expiration: 2026-10-16 at max pain $180.00.
STT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
140
0
6512000
6512000
150
2000
4797000
4799000
155
3000
3941500
3944500
160
4000
3171500
3175500
165
5500
2467000
2472500
170
194000
1780500
1974500
175
389500
1171000
1560500
180
741000
662000
1403000
185
1209000
323000
1532000
190
1777500
104000
1881500
195
2604000
12000
2616000
200
3513500
3000
3516500
210
5563500
2000
5565500
220
7916500
1000
7917500
230
10279500
0
10279500
240
12643500
0
12643500
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.