This page reflects TIGR 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 — TIGR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $4.00 (0.16 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.00
Nearest expiry
Expected Move
±$0.25
±6.0%
Days to Expiry
7
Calendar days
Total Call OI
3,445
Nearest expiry
Total Put OI
2,297
Nearest expiry
P/C OI Ratio
0.67
Put-heavy
Spot Price
$4.16
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
$4.50
9/25/2026, 11:30:26 PM
2026-10-02Updated
$1.00
10/2/2026, 11:31:38 PM
2026-10-09Next
$4.00
10/2/2026, 11:31:38 PM
2026-10-16
$5.00
10/2/2026, 11:31:38 PM
2026-10-23
$4.00
10/2/2026, 11:31:38 PM
2026-10-30
$4.50
10/2/2026, 11:31:38 PM
2026-11-06
$5.00
10/2/2026, 11:31:38 PM
2026-11-20
$4.00
10/2/2026, 11:31:38 PM
2027-01-15
$5.50
10/2/2026, 11:31:38 PM
2027-04-16
$5.00
10/2/2026, 11:31:38 PM
Selected expiration: 2026-10-09 at max pain $4.00.
TIGR pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
819750
819750
1
250
704900
705150
1.5
3350
590050
593400
2
9700
475200
484900
2.5
16400
360350
376750
3.5
30800
130650
161450
4
38750
55800
94550
4.5
86000
21500
107500
5
137700
7750
145450
5.5
296000
50
296050
6
462750
0
462750
6.5
632300
0
632300
7
804250
0
804250
7.5
976500
0
976500
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.