This page reflects WCC 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 — WCC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $340.00 (41.73 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$340.00
Nearest expiry
Expected Move
±$11.50
±3.0%
Days to Expiry
14
Calendar days
Total Call OI
687
Nearest expiry
Total Put OI
369
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$381.73
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
$320.00
8/21/2026, 11:34:33 PM
2026-09-18
$330.00
9/18/2026, 11:36:43 PM
2026-10-16NextUpdated
$340.00
10/2/2026, 11:34:03 PM
2026-11-20
$350.00
10/2/2026, 11:34:03 PM
2026-12-18
$380.00
10/2/2026, 11:34:03 PM
2027-01-15
$260.00
10/2/2026, 11:34:03 PM
2027-03-19
$360.00
10/2/2026, 11:34:03 PM
2027-04-16
$320.00
10/2/2026, 11:34:03 PM
2027-05-21
$320.00
10/2/2026, 11:34:03 PM
2027-07-16
$180.00
10/2/2026, 11:34:03 PM
Selected expiration: 2026-10-16 at max pain $340.00.
WCC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
6741000
6741000
140
1000
6372000
6373000
155
5500
5818500
5824000
160
7500
5634000
5641500
165
15500
5449500
5465000
170
29000
5265000
5294000
175
43000
5080500
5123500
180
58500
4896000
4954500
190
89500
4543000
4632500
200
124500
4190000
4314500
210
159500
3837000
3996500
220
195500
3484000
3679500
240
267500
2780000
3047500
250
303500
2428000
2731500
260
340500
2103000
2443500
270
379500
1794000
2173500
280
418500
1491000
1909500
290
459500
1188000
1647500
300
504500
887000
1391500
310
549500
593000
1142500
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.