This page reflects STUB 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 — STUB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $6.00 (0.59 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
±$0.32
±6.0%
Days to Expiry
7
Calendar days
Total Call OI
764
Nearest expiry
Total Put OI
319
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$5.41
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
$5.50
9/25/2026, 11:27:05 PM
2026-10-02Updated
$3.50
10/2/2026, 11:29:45 PM
2026-10-09Next
$6.00
10/2/2026, 11:29:45 PM
2026-10-16
$7.50
10/2/2026, 11:29:45 PM
2026-10-23
$6.00
10/2/2026, 11:29:45 PM
2026-10-30
$4.00
10/2/2026, 11:29:45 PM
2026-11-20
$7.50
10/2/2026, 11:29:45 PM
2026-12-18
$7.50
10/2/2026, 11:29:45 PM
2027-01-15
$7.50
10/2/2026, 11:29:45 PM
2027-04-16
$7.50
10/2/2026, 11:29:45 PM
Selected expiration: 2026-10-09 at max pain $6.00.
STUB pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
131750
131750
3
19500
99850
119350
3.5
38900
83900
122800
4
58500
67950
126450
4.5
78150
52000
130150
5
97900
36050
133950
5.5
118900
24000
142900
6
142600
13150
155750
6.5
175400
6950
182350
7
210250
1800
212050
7.5
247400
1500
248900
8
285500
1200
286700
9.5
399800
600
400400
10
437900
450
438350
10.5
476000
300
476300
11
514100
150
514250
11.5
552200
50
552250
12
590300
0
590300
12.5
628400
0
628400
13
666550
0
666550
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.