This page reflects TKO 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 — TKO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $185.00 (9.42 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$185.00
Nearest expiry
Expected Move
±$4.20
±2.4%
Days to Expiry
14
Calendar days
Total Call OI
2,737
Nearest expiry
Total Put OI
1,898
Nearest expiry
P/C OI Ratio
0.69
Put-heavy
Spot Price
$175.58
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
$190.00
8/21/2026, 11:34:17 PM
2026-09-18
$185.00
9/18/2026, 11:35:16 PM
2026-10-16NextUpdated
$185.00
10/2/2026, 11:32:23 PM
2026-11-20
$175.00
10/2/2026, 11:32:23 PM
2027-01-15
$170.00
10/2/2026, 11:32:23 PM
2027-04-16
$180.00
10/2/2026, 11:32:23 PM
Selected expiration: 2026-10-16 at max pain $185.00.
TKO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
115
0
10419500
10419500
125
1000
8522500
8523500
130
1500
7574500
7576000
135
2000
6627500
6629500
140
2500
5699500
5702000
145
5500
4790500
4796000
150
8500
3883500
3892000
155
12500
2979000
2991500
160
18000
2082500
2100500
165
24500
1423000
1447500
170
39500
934500
974000
175
55500
511000
566500
180
71500
163500
235000
185
114000
82000
196000
190
193000
30500
223500
195
338500
18000
356500
200
980000
12000
992000
210
2785000
6000
2791000
220
4724000
0
4724000
230
6767000
0
6767000
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.