This page reflects UPWK 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 — UPWK
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $10.00 (1.64 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.00
±12.0%
Days to Expiry
11
Calendar days
Total Call OI
5,055
Nearest expiry
Total Put OI
2,722
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$8.36
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
$10.00
8/21/2026, 11:36:04 PM
2026-09-18
$7.50
9/18/2026, 11:32:36 PM
2026-10-16NextUpdated
$10.00
10/5/2026, 11:32:12 PM
2026-11-20
$10.00
10/5/2026, 11:32:12 PM
2027-01-15
$10.00
10/5/2026, 11:32:12 PM
2027-04-16
$5.00
10/5/2026, 11:32:12 PM
Selected expiration: 2026-10-16 at max pain $10.00.
UPWK pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
1548000
1548000
5
1500
867500
869000
7.5
32000
286750
318750
10
255500
5000
260500
12.5
1154000
2500
1156500
15
2307750
0
2307750
17.5
3529750
0
3529750
20
4792750
0
4792750
22.5
6055750
0
6055750
25
7319000
0
7319000
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.