This page reflects W 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 — W
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $102.00 (0.75 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$102.00
Nearest expiry
Expected Move
±$6.11
±6.0%
Days to Expiry
7
Calendar days
Total Call OI
1,590
Nearest expiry
Total Put OI
1,968
Nearest expiry
P/C OI Ratio
1.24
Put-heavy
Spot Price
$101.25
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
$100.00
9/25/2026, 11:34:21 PM
2026-10-02Updated
$100.00
10/2/2026, 11:33:40 PM
2026-10-09Next
$102.00
10/2/2026, 11:33:40 PM
2026-10-16
$100.00
10/2/2026, 11:33:40 PM
2026-10-23
$103.00
10/2/2026, 11:33:40 PM
2026-10-30
$105.00
10/2/2026, 11:33:40 PM
2026-11-20
$105.00
10/2/2026, 11:33:40 PM
2026-12-18
$92.50
10/2/2026, 11:33:40 PM
2027-01-15
$75.00
10/2/2026, 11:33:40 PM
2027-02-19
$92.50
10/2/2026, 11:33:40 PM
2027-03-19
$100.00
10/2/2026, 11:33:40 PM
2027-06-17
$100.00
10/2/2026, 11:33:40 PM
2027-08-20
$100.00
10/2/2026, 11:33:40 PM
Selected expiration: 2026-10-09 at max pain $102.00.
W pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
7721800
7721800
65
2500
6528300
6530800
70
7500
5334800
5342300
75
13000
4141300
4154300
80
19500
2947800
2967300
82
22100
2511600
2533700
83
23400
2294000
2317400
84
24700
2076500
2101200
85
26000
1860700
1886700
86
27300
1647500
1674800
87
28600
1435000
1463600
88
30200
1257800
1288000
89
32000
1085100
1117100
90
34100
919400
953500
91
36600
775900
812500
92
39100
642500
681600
93
41600
513700
555300
94
44100
393800
437900
95
46800
281700
328500
96
49700
188600
238300
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.