This page reflects WHR 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 — WHR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $35.00 (4.69 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$2.73
±9.0%
Days to Expiry
14
Calendar days
Total Call OI
10,357
Nearest expiry
Total Put OI
8,411
Nearest expiry
P/C OI Ratio
0.81
Put-heavy
Spot Price
$30.31
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
$40.00
8/21/2026, 11:34:28 PM
2026-09-18
$37.50
9/18/2026, 11:34:43 PM
2026-10-16NextUpdated
$35.00
10/2/2026, 11:34:39 PM
2026-11-20
$35.00
10/2/2026, 11:34:39 PM
2026-12-18
$40.00
10/2/2026, 11:34:39 PM
2027-01-15
$42.50
10/2/2026, 11:34:39 PM
2027-03-19
$40.00
10/2/2026, 11:34:39 PM
2027-06-17
$40.00
10/2/2026, 11:34:39 PM
2027-09-17
$40.00
10/2/2026, 11:34:39 PM
Selected expiration: 2026-10-16 at max pain $35.00.
WHR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
8914000
8914000
25
250
6817000
6817250
27.5
500
4752000
4752500
30
5750
2739750
2745500
32.5
75750
1241250
1317000
35
621500
295000
916500
37.5
1546500
79000
1625500
40
3107000
0
3107000
42.5
5366500
0
5366500
45
7690000
0
7690000
47.5
10151250
0
10151250
50
12642750
0
12642750
55
17810250
0
17810250
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.