This page reflects WEX 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 — WEX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $190.00 (20.90 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$190.00
Nearest expiry
Expected Move
±$5.05
±3.0%
Days to Expiry
14
Calendar days
Total Call OI
22
Nearest expiry
Total Put OI
40
Nearest expiry
P/C OI Ratio
1.82
Put-heavy
Spot Price
$169.10
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
$165.00
8/21/2026, 11:37:09 PM
2026-09-18
$190.00
9/18/2026, 11:33:35 PM
2026-10-16NextUpdated
$190.00
10/2/2026, 11:34:53 PM
2026-11-20
$140.00
10/2/2026, 11:34:53 PM
2027-02-19
$165.00
10/2/2026, 11:34:53 PM
Selected expiration: 2026-10-16 at max pain $190.00.
WEX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
140
0
130500
130500
145
0
112000
112000
150
0
95000
95000
160
0
61000
61000
170
0
28000
28000
175
0
16500
16500
180
500
10000
10500
185
1000
5500
6500
190
1500
1000
2500
195
4000
0
4000
200
7000
0
7000
210
16000
0
16000
220
32000
0
32000
230
52000
0
52000
240
74000
0
74000
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.