This page reflects USFD 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 — USFD
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $100.00 (3.08 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$4.28
±4.4%
Days to Expiry
14
Calendar days
Total Call OI
1,128
Nearest expiry
Total Put OI
1,015
Nearest expiry
P/C OI Ratio
0.90
Put-heavy
Spot Price
$96.92
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
$105.00
8/21/2026, 11:36:09 PM
2026-09-18
$97.50
9/18/2026, 11:35:29 PM
2026-10-16NextUpdated
$100.00
10/2/2026, 11:33:47 PM
2026-11-20
$95.00
10/2/2026, 11:33:47 PM
2027-01-15
$85.00
10/2/2026, 11:33:47 PM
2027-04-16
$105.00
10/2/2026, 11:33:47 PM
Selected expiration: 2026-10-16 at max pain $100.00.
USFD pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
3287000
3287000
70
0
2784500
2784500
72.5
0
2533500
2533500
75
0
2282750
2282750
77.5
0
2032000
2032000
80
0
1783750
1783750
82.5
1500
1537250
1538750
85
3000
1291750
1294750
87.5
8750
1047500
1056250
90
15000
806250
821250
92.5
22750
599000
621750
95
54250
400250
454500
97.5
93500
202750
296250
100
136500
8500
145000
105
590500
0
590500
110
1111000
0
1111000
115
1664000
0
1664000
120
2227000
0
2227000
130
3353000
0
3353000
135
3916500
0
3916500
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.