Teva Pharmaceutical Industries Close $39.53EOD only
Max Pain
$40.00
Next expiry Oct 9, 2026
Expected Move
±$1.43
3.6% from close
Price Gap
+0.47
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.54
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects TEVA 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 — TEVA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $40.00 (0.47 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$1.43
±3.6%
Days to Expiry
7
Calendar days
Total Call OI
2,223
Nearest expiry
Total Put OI
2,857
Nearest expiry
P/C OI Ratio
1.29
Put-heavy
Spot Price
$39.53
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
$37.00
9/25/2026, 11:30:43 PM
2026-10-02Updated
$37.50
10/2/2026, 11:26:48 PM
2026-10-09Next
$40.00
10/2/2026, 11:26:48 PM
2026-10-16
$37.00
10/2/2026, 11:26:48 PM
2026-10-23
$38.00
10/2/2026, 11:26:48 PM
2026-10-30
$39.00
10/2/2026, 11:26:48 PM
2026-11-20
$37.00
10/2/2026, 11:26:48 PM
2026-12-18
$37.00
10/2/2026, 11:26:48 PM
2027-01-15
$25.00
10/2/2026, 11:26:48 PM
2027-03-19
$36.00
10/2/2026, 11:26:48 PM
Selected expiration: 2026-10-09 at max pain $40.00.
TEVA pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
4890900
4890900
25
3000
3482400
3485400
27
6800
2919400
2926200
28
9700
2637900
2647600
29
13400
2356400
2369800
30
18100
2074900
2093000
31
23200
1793400
1816600
32
28700
1512100
1540800
33
35000
1230900
1265900
33.5
38450
1092950
1131400
34
42550
955000
997550
35
52150
696100
748250
36
62050
537700
599750
36.5
67300
458700
526000
37
72550
380350
452900
37.5
78450
307900
386350
38
84350
235650
320000
38.5
94150
172900
267050
39
109950
110250
220200
39.5
136650
62800
199450
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.