This page reflects WLK 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 — WLK
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $65.00 (1.50 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$3.67
±5.8%
Days to Expiry
14
Calendar days
Total Call OI
957
Nearest expiry
Total Put OI
132
Nearest expiry
P/C OI Ratio
0.14
Put-heavy
Spot Price
$63.50
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
$70.00
8/21/2026, 11:33:18 PM
2026-09-18
$65.00
9/18/2026, 11:36:59 PM
2026-10-16NextUpdated
$65.00
10/2/2026, 11:35:23 PM
2026-11-20
$75.00
10/2/2026, 11:35:23 PM
2026-12-18
$80.00
10/2/2026, 11:35:23 PM
2027-01-15
$60.00
10/2/2026, 11:35:23 PM
2027-04-16
$65.00
10/2/2026, 11:35:23 PM
Selected expiration: 2026-10-16 at max pain $65.00.
WLK pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
296500
296500
55
0
231500
231500
60
0
167500
167500
65
0
121000
121000
70
97500
96500
194000
75
213000
77000
290000
80
334000
59000
393000
85
571500
51000
622500
90
968500
44000
1012500
95
1384500
37000
1421500
100
1801000
30500
1831500
110
2645000
17500
2662500
115
3068500
13000
3081500
125
3915500
4000
3919500
130
4339000
1000
4340000
135
4773000
500
4773500
140
5207000
0
5207000
145
5643000
0
5643000
150
6082500
0
6082500
155
6524500
0
6524500
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.