This page reflects SYK 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 — SYK
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $280.00 (4.57 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$280.00
Nearest expiry
Expected Move
±$12.95
±4.7%
Days to Expiry
14
Calendar days
Total Call OI
3,713
Nearest expiry
Total Put OI
1,630
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$275.43
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
$320.00
8/21/2026, 11:27:31 PM
2026-09-18
$290.00
9/18/2026, 11:29:36 PM
2026-10-16NextUpdated
$280.00
10/2/2026, 11:31:26 PM
2026-11-20
$280.00
10/2/2026, 11:31:26 PM
2026-12-18
$300.00
10/2/2026, 11:31:26 PM
2027-01-15
$340.00
10/2/2026, 11:31:26 PM
2027-03-19
$310.00
10/2/2026, 11:31:26 PM
2027-06-17
$350.00
10/2/2026, 11:31:26 PM
2027-09-17
$320.00
10/2/2026, 11:31:26 PM
Selected expiration: 2026-10-16 at max pain $280.00.
SYK pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
200
0
11253000
11253000
210
0
9619000
9619000
220
0
7986000
7986000
230
0
6359000
6359000
240
0
4751000
4751000
250
1000
3207000
3208000
260
37000
1886000
1923000
270
82000
940000
1022000
280
362000
466000
828000
290
1455000
165000
1620000
300
2849000
60000
2909000
310
4766000
27000
4793000
320
7300000
6000
7306000
330
9982000
1000
9983000
340
12775000
0
12775000
350
15729000
0
15729000
360
19052000
0
19052000
370
22679000
0
22679000
380
26390000
0
26390000
390
30126000
0
30126000
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.