This page reflects THFF options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — THFF
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-12-18 shows max pain at $80.00 (5.29 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$3.65
±4.9%
Days to Expiry
74
Calendar days
Total Call OI
19
Nearest expiry
Total Put OI
15
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$74.71
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-12-18
Expiration
Max Pain Strike
Last Updated
2026-08-21
$80.00
8/21/2026, 11:33:22 PM
2026-09-18
$75.00
9/18/2026, 11:31:25 PM
2026-12-18NextUpdated
$80.00
10/5/2026, 11:31:32 PM
2027-03-19
$70.00
10/5/2026, 11:31:32 PM
Selected expiration: 2026-12-18 at max pain $80.00.
THFF pain by strike for 2026-12-18 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
33500
33500
55
0
26500
26500
60
0
19500
19500
65
0
12500
12500
70
0
7000
7000
75
1000
2500
3500
80
2000
500
2500
85
7000
0
7000
90
13000
0
13000
95
20000
0
20000
100
28000
0
28000
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.