This page reflects SWK 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 — SWK
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $87.50 (3.84 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$87.50
Nearest expiry
Expected Move
±$4.42
±4.8%
Days to Expiry
14
Calendar days
Total Call OI
5,287
Nearest expiry
Total Put OI
2,531
Nearest expiry
P/C OI Ratio
0.48
Put-heavy
Spot Price
$91.34
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, 11:33:42 PM
2026-09-18
$97.50
9/18/2026, 11:35:08 PM
2026-10-16NextUpdated
$87.50
10/2/2026, 11:29:59 PM
2026-11-20
$90.00
10/2/2026, 11:29:59 PM
2027-01-15
$82.50
10/2/2026, 11:29:59 PM
2027-02-19
$95.00
10/2/2026, 11:29:59 PM
2027-04-16
$92.50
10/2/2026, 11:29:59 PM
2027-05-21
$87.50
10/2/2026, 11:29:59 PM
2027-08-20
$87.50
10/2/2026, 11:29:59 PM
Selected expiration: 2026-10-16 at max pain $87.50.
SWK pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
12181250
12181250
40
0
10915750
10915750
45
0
9651750
9651750
47.5
0
9021250
9021250
50
0
8403750
8403750
55
0
7174750
7174750
60
0
5963750
5963750
62.5
750
5373500
5374250
65
1750
4788500
4790250
67.5
3000
4233750
4236750
70
4250
3686750
3691000
72.5
7000
3165000
3172000
75
10750
2661250
2672000
77.5
17000
2181750
2198750
80
23250
1712000
1735250
82.5
30500
1285000
1315500
85
47750
913500
961250
87.5
163500
596000
759500
90
557250
364250
921500
92.5
1091750
205500
1297250
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.