This page reflects USB 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 — USB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $62.00 (4.49 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$62.00
Nearest expiry
Expected Move
±$1.45
±2.5%
Days to Expiry
7
Calendar days
Total Call OI
1,367
Nearest expiry
Total Put OI
1,829
Nearest expiry
P/C OI Ratio
1.34
Put-heavy
Spot Price
$57.51
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
$59.00
9/25/2026, 11:29:45 PM
2026-10-02Updated
$58.00
10/2/2026, 11:32:59 PM
2026-10-09Next
$62.00
10/2/2026, 11:32:59 PM
2026-10-16
$60.00
10/2/2026, 11:32:59 PM
2026-10-23
$62.00
10/2/2026, 11:32:59 PM
2026-10-30
$60.00
10/2/2026, 11:32:59 PM
2026-11-06
$55.00
10/2/2026, 11:32:59 PM
2026-11-20
$60.00
10/2/2026, 11:32:59 PM
2026-12-18
$52.50
10/2/2026, 11:32:59 PM
2027-01-15
$55.00
10/2/2026, 11:32:59 PM
2027-02-19
$62.50
10/2/2026, 11:32:59 PM
2027-03-19
$57.50
10/2/2026, 11:32:59 PM
2027-06-17
$60.00
10/2/2026, 11:32:59 PM
2027-09-17
$55.00
10/2/2026, 11:32:59 PM
Selected expiration: 2026-10-09 at max pain $62.00.
USB pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
4479100
4479100
51
0
1552700
1552700
55
0
825500
825500
56
100
652300
652400
57
200
510000
510200
58
4900
406100
411000
59
30600
303100
333700
60
57500
200700
258200
61
95800
150200
246000
62
144600
100000
244600
63
198500
50000
248500
64
278700
0
278700
65
370400
0
370400
66
481900
0
481900
67
598500
0
598500
68
734100
0
734100
69
870200
0
870200
70
1006800
0
1006800
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.