This page reflects TRIP 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 — TRIP
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $2.00 (6.51 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$2.00
Nearest expiry
Expected Move
±$0.47
±5.6%
Days to Expiry
7
Calendar days
Total Call OI
1,059
Nearest expiry
Total Put OI
192
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$8.51
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
$2.00
9/25/2026, 11:34:54 PM
2026-10-02Updated
$1.00
10/2/2026, 11:30:30 PM
2026-10-09Next
$2.00
10/2/2026, 11:30:30 PM
2026-10-16
$9.00
10/2/2026, 11:30:30 PM
2026-10-23
$2.00
10/2/2026, 11:30:30 PM
2026-10-30
$8.00
10/2/2026, 11:30:30 PM
2026-11-20
$7.00
10/2/2026, 11:30:30 PM
2026-12-18
$10.00
10/2/2026, 11:30:30 PM
2027-01-15
$12.00
10/2/2026, 11:30:30 PM
2027-03-19
$9.00
10/2/2026, 11:30:30 PM
Selected expiration: 2026-10-09 at max pain $2.00.
TRIP pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
135550
135550
3
33500
114450
147950
4
107900
93350
201250
5
184300
72250
256550
5.5
222800
61700
284500
6
261350
51150
312500
7
339850
30050
369900
7.5
379100
20050
399150
8
418450
11050
429500
8.5
458000
4750
462750
9
504300
3800
508100
9.5
557300
3450
560750
10
610550
3100
613650
11
717850
2500
720350
17
1362850
100
1362950
18
1470350
0
1470350
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.