This page reflects VTRS 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 — VTRS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $16.00 (1.60 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$0.75
±4.3%
Days to Expiry
14
Calendar days
Total Call OI
12,826
Nearest expiry
Total Put OI
3,844
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$17.60
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
$18.00
8/21/2026, 11:25:55 PM
2026-09-18
$17.00
9/18/2026, 11:34:10 PM
2026-10-16NextUpdated
$16.00
10/2/2026, 11:33:30 PM
2026-11-20
$17.00
10/2/2026, 11:33:30 PM
2027-01-15
$10.00
10/2/2026, 11:33:30 PM
2027-04-16
$15.00
10/2/2026, 11:33:30 PM
Selected expiration: 2026-10-16 at max pain $16.00.
VTRS pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
8
0
2757900
2757900
9
200
2373500
2373700
10
400
1991400
1991800
11
600
1613000
1613600
12
3100
1239200
1242300
13
11100
893400
904500
14
32300
576200
608500
15
75900
280500
356400
16
181000
95600
276600
17
352700
17900
370600
18
886700
500
887200
19
1715600
0
1715600
20
2908600
0
2908600
21
4166700
0
4166700
22
5442000
0
5442000
23
6722900
0
6722900
24
8003800
0
8003800
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.