This page reflects WFRD 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 — WFRD
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $85.00 (5.28 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$5.42
±6.8%
Days to Expiry
14
Calendar days
Total Call OI
991
Nearest expiry
Total Put OI
251
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$79.72
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
$85.00
8/21/2026, 11:35:50 PM
2026-09-18
$90.00
9/18/2026, 11:34:48 PM
2026-10-16NextUpdated
$85.00
10/2/2026, 11:33:21 PM
2026-11-20
$80.00
10/2/2026, 11:33:21 PM
2026-12-18
$85.00
10/2/2026, 11:33:21 PM
2027-01-15
$90.00
10/2/2026, 11:33:21 PM
2027-04-16
$80.00
10/2/2026, 11:33:21 PM
Selected expiration: 2026-10-16 at max pain $85.00.
WFRD pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
810500
810500
55
0
560500
560500
60
500
442000
442500
65
1500
340000
341500
70
2500
238000
240500
75
3500
151000
154500
80
8000
77500
85500
85
40000
45000
85000
90
84500
24500
109000
95
157000
12500
169500
100
267500
4500
272000
105
705000
500
705500
110
1162000
0
1162000
115
1631000
0
1631000
120
2106000
0
2106000
125
2583000
0
2583000
130
3061000
0
3061000
135
3539500
0
3539500
140
4019500
0
4019500
145
4499500
0
4499500
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.