Nearest listed expiration 2026-10-09 shows max pain at $885.00 (36.01 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$885.00
Nearest expiry
Expected Move
±$58.00
±6.8%
Days to Expiry
7
Calendar days
Total Call OI
3,055
Nearest expiry
Total Put OI
3,869
Nearest expiry
P/C OI Ratio
1.27
Put-heavy
Spot Price
$848.99
Published close
Consensus
5.5/10
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
$890.00
9/25/2026, 11:27:16 PM
2026-10-02Updated
$900.00
10/2/2026, 11:31:38 PM
2026-10-09Next
$885.00
10/2/2026, 11:31:38 PM
2026-10-16
$840.00
10/2/2026, 11:31:38 PM
2026-10-23
$900.00
10/2/2026, 11:31:38 PM
2026-10-30
$910.00
10/2/2026, 11:31:38 PM
2026-11-06
$915.00
10/2/2026, 11:31:38 PM
2026-11-20
$860.00
10/2/2026, 11:31:38 PM
2026-12-18
$720.00
10/2/2026, 11:31:38 PM
2027-01-15
$500.00
10/2/2026, 11:31:38 PM
2027-03-19
$870.00
10/2/2026, 11:31:38 PM
2027-06-17
$710.00
10/2/2026, 11:31:38 PM
2027-09-17
$860.00
10/2/2026, 11:31:38 PM
Selected expiration: 2026-10-09 at max pain $885.00.
STX pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
460
0
115717750
115717750
470
0
111851750
111851750
480
1000
107995750
107996750
490
3000
104209750
104212750
500
5000
100462750
100467750
505
6000
98599750
98605750
510
7500
96737750
96745250
515
9500
94876250
94885750
520
12000
93016750
93028750
525
14500
91162750
91177250
530
17500
89314750
89332250
535
20500
87469250
87489750
540
24000
85627250
85651250
545
27500
83786250
83813750
550
31000
81946250
81977250
555
34500
80109750
80144250
560
38000
78273750
78311750
565
42000
76438250
76480250
570
46000
74603250
74649250
575
50500
72775250
72825750
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.