This page reflects WGS 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 — WGS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $85.00 (11.91 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
±$3.40
±4.7%
Days to Expiry
7
Calendar days
Total Call OI
179
Nearest expiry
Total Put OI
467
Nearest expiry
P/C OI Ratio
2.61
Put-heavy
Spot Price
$73.09
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
$88.00
9/25/2026, 11:35:07 PM
2026-10-02Updated
$80.00
10/2/2026, 11:34:02 PM
2026-10-09Next
$85.00
10/2/2026, 11:34:02 PM
2026-10-16
$80.00
10/2/2026, 11:34:02 PM
2026-10-23
$80.00
10/2/2026, 11:34:02 PM
2026-10-30
$80.00
10/2/2026, 11:34:02 PM
2026-11-06
$78.00
10/2/2026, 11:34:02 PM
2026-11-20
$85.00
10/2/2026, 11:34:02 PM
2026-12-18
$65.00
10/2/2026, 11:34:02 PM
2027-01-15
$47.50
10/2/2026, 11:34:02 PM
2027-03-19
$75.00
10/2/2026, 11:34:02 PM
Selected expiration: 2026-10-09 at max pain $85.00.
WGS pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
1216600
1216600
60
0
749600
749600
62
1200
656400
657600
63
1800
612600
614400
65
3000
525200
528200
66
3600
484300
487900
67
4200
445900
450100
69
5400
369300
374700
70
6000
332500
338500
71
6600
297000
303600
72
7200
263000
270200
73
7800
230100
237900
74
8500
202100
210600
75
9200
175500
184700
76
12800
152600
165400
77
16600
131400
148000
78
22800
113000
135800
79
29000
95300
124300
80
35200
78200
113400
81
41900
65700
107600
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.