thetaOwl

VRTX

Vertex Pharmaceuticals IncorporClose $504.73EOD only
Max Pain
$525.00
Next expiry Oct 9, 2026
Expected Move
±$15.50
3.1% from close
Price Gap
+20.27
Distance to max pain
IV Rank
21
Low premium
P/C OI
0.85
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects VRTX 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 — VRTX
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $525.00 (20.27 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$525.00
Nearest expiry
Expected Move
±$15.50
±3.1%
Days to Expiry
7
Calendar days
Total Call OI
581
Nearest expiry
Total Put OI
858
Nearest expiry
P/C OI Ratio
1.48
Put-heavy
Spot Price
$504.73
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$520.009/25/2026, 11:33:53 PM
2026-10-02Updated$520.0010/2/2026, 11:34:24 PM
2026-10-09Next$525.0010/2/2026, 11:34:24 PM
2026-10-16$515.0010/2/2026, 11:34:24 PM
2026-10-23$520.0010/2/2026, 11:34:24 PM
2026-10-30$520.0010/2/2026, 11:34:24 PM
2026-11-06$520.0010/2/2026, 11:34:24 PM
2026-11-20$510.0010/2/2026, 11:34:24 PM
2026-12-18$470.0010/2/2026, 11:34:24 PM
2027-01-15$490.0010/2/2026, 11:34:24 PM
2027-03-19$520.0010/2/2026, 11:34:24 PM
2027-04-16$530.0010/2/2026, 11:34:24 PM
2027-06-17$480.0010/2/2026, 11:34:24 PM
2027-09-17$520.0010/2/2026, 11:34:24 PM
Selected expiration: 2026-10-09 at max pain $525.00.
VRTX pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
450040025004002500
455035740003574000
460031685003168500
470025235002523500
480100018795001880500
485150015655001567000
487.5200014427501444750
490250013220001324500
495450010870001091500
497.55750970500976250
5007000861500868500
5059500653000662500
51013500449500463000
512.516500354750371250
51519500261500281000
52025500110500136000
522.54925065250114500
525730002000093000
527.59750011500109000
5301265004000130500
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.