This page reflects TOST 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 — TOST
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $30.00 (0.21 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$1.52
±5.1%
Days to Expiry
7
Calendar days
Total Call OI
3,573
Nearest expiry
Total Put OI
4,023
Nearest expiry
P/C OI Ratio
1.13
Put-heavy
Spot Price
$29.79
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
$30.50
9/25/2026, 11:27:54 PM
2026-10-02Updated
$30.00
10/2/2026, 11:32:29 PM
2026-10-09Next
$30.00
10/2/2026, 11:32:29 PM
2026-10-16
$33.00
10/2/2026, 11:32:29 PM
2026-10-23
$31.00
10/2/2026, 11:32:29 PM
2026-10-30
$29.00
10/2/2026, 11:32:29 PM
2026-11-06
$30.00
10/2/2026, 11:32:29 PM
2026-11-20
$32.00
10/2/2026, 11:32:29 PM
2026-12-18
$30.00
10/2/2026, 11:32:29 PM
2027-01-15
$30.00
10/2/2026, 11:32:29 PM
2027-03-19
$33.00
10/2/2026, 11:32:29 PM
2027-05-21
$30.00
10/2/2026, 11:32:29 PM
Selected expiration: 2026-10-09 at max pain $30.00.
TOST pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
3117950
3117950
21
500
2705750
2706250
22
1100
2293550
2294650
23
1800
1881350
1883150
24
2600
1469150
1471750
25
3600
1056950
1060550
26
4600
647550
652150
27
15700
449050
464750
27.5
26000
359450
385450
28
36400
270300
306700
28.5
46900
194150
241050
29
57650
121950
179600
29.5
75400
84800
160200
30
100000
52800
152800
30.5
210800
36550
247350
31
336150
21650
357800
31.5
481050
12200
493250
32
630450
4400
634850
32.5
791550
2900
794450
33
955600
1500
957100
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.