Nearest listed expiration 2026-10-09 shows max pain at $455.00 (39.71 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$455.00
Nearest expiry
Expected Move
±$26.80
±6.5%
Days to Expiry
7
Calendar days
Total Call OI
5,359
Nearest expiry
Total Put OI
8,954
Nearest expiry
P/C OI Ratio
1.67
Put-heavy
Spot Price
$415.29
Published close
Consensus
3.5/10
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
$452.50
9/25/2026, 11:35:51 PM
2026-10-02Updated
$447.50
10/2/2026, 11:35:19 PM
2026-10-09Next
$455.00
10/2/2026, 11:35:19 PM
2026-10-16
$450.00
10/2/2026, 11:35:19 PM
2026-10-23
$450.00
10/2/2026, 11:35:19 PM
2026-10-30
$450.00
10/2/2026, 11:35:19 PM
2026-11-06
$470.00
10/2/2026, 11:35:19 PM
2026-11-20
$450.00
10/2/2026, 11:35:19 PM
2026-12-18
$380.00
10/2/2026, 11:35:19 PM
2027-01-15
$380.00
10/2/2026, 11:35:19 PM
2027-03-19
$480.00
10/2/2026, 11:35:19 PM
2027-04-16
$530.00
10/2/2026, 11:35:19 PM
2027-06-17
$520.00
10/2/2026, 11:35:19 PM
2027-09-17
$450.00
10/2/2026, 11:35:19 PM
Selected expiration: 2026-10-09 at max pain $455.00.
WDC pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
250
0
136365000
136365000
260
0
127565000
127565000
270
0
118767000
118767000
280
0
109976000
109976000
290
0
101206000
101206000
300
0
92441000
92441000
310
0
83707000
83707000
320
1000
75076000
75077000
330
3000
66489000
66492000
335
4000
62232500
62236500
340
8500
58023000
58031500
345
24500
53837000
53861500
350
56500
49687000
49743500
355
101000
45830500
45931500
360
150500
42007500
42158000
365
206000
38363000
38569000
370
262000
34826500
35088500
375
319500
31446500
31766000
380
396500
28142000
28538500
385
476500
25055500
25532000
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.