This page reflects TD 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 — TD
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $120.00 (2.12 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$120.00
Nearest expiry
Expected Move
±$4.30
±3.6%
Days to Expiry
14
Calendar days
Total Call OI
11,497
Nearest expiry
Total Put OI
14,904
Nearest expiry
P/C OI Ratio
1.30
Put-heavy
Spot Price
$117.88
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
$120.00
8/21/2026, 11:33:58 PM
2026-09-18
$120.00
9/18/2026, 11:34:35 PM
2026-10-16NextUpdated
$120.00
10/2/2026, 11:26:57 PM
2026-11-20
$130.00
10/2/2026, 11:26:57 PM
2026-12-18
$125.00
10/2/2026, 11:26:57 PM
2027-01-15
$100.00
10/2/2026, 11:26:57 PM
2027-04-16
$120.00
10/2/2026, 11:26:57 PM
Selected expiration: 2026-10-16 at max pain $120.00.
TD pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
61089250
61089250
65
0
53638250
53638250
70
0
46187250
46187250
75
500
38736250
38736750
80
1000
32799750
32800750
82.5
1250
29874000
29875250
85
1500
26969000
26970500
87.5
2000
24101750
24103750
90
2750
21283250
21286000
92.5
42750
19227500
19270250
95
82750
17180500
17263250
97.5
136500
15239750
15376250
100
231500
13362000
13593500
105
534000
9799000
10333000
110
926000
6526500
7452500
115
1630000
3717500
5347500
120
2929000
1728000
4657000
125
5099000
517500
5616500
130
8269500
53000
8322500
135
13293000
0
13293000
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.