Williams Companies, Inc. (The)Close $70.54EOD only
Max Pain
$68.00
Next expiry Oct 9, 2026
Expected Move
±$2.20
3.1% from close
Price Gap
-2.54
Distance to max pain
IV Rank
19
Low premium
P/C OI
0.66
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects WMB 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 — WMB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $68.00 (2.54 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$68.00
Nearest expiry
Expected Move
±$2.20
±3.1%
Days to Expiry
7
Calendar days
Total Call OI
6,868
Nearest expiry
Total Put OI
21,499
Nearest expiry
P/C OI Ratio
3.13
Put-heavy
Spot Price
$70.54
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
$72.00
9/25/2026, 11:34:03 PM
2026-10-02Updated
$69.00
10/2/2026, 11:30:14 PM
2026-10-09Next
$68.00
10/2/2026, 11:30:14 PM
2026-10-16
$70.00
10/2/2026, 11:30:14 PM
2026-10-23
$68.00
10/2/2026, 11:30:14 PM
2026-10-30
$68.00
10/2/2026, 11:30:14 PM
2026-11-20
$75.00
10/2/2026, 11:30:14 PM
2026-12-18
$70.00
10/2/2026, 11:30:14 PM
2027-01-15
$65.00
10/2/2026, 11:30:14 PM
2027-02-19
$75.00
10/2/2026, 11:30:14 PM
2027-03-19
$70.00
10/2/2026, 11:30:14 PM
2027-05-21
$60.00
10/2/2026, 11:30:14 PM
2027-06-17
$70.00
10/2/2026, 11:30:14 PM
2027-09-17
$70.00
10/2/2026, 11:30:14 PM
Selected expiration: 2026-10-09 at max pain $68.00.
WMB pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
64
0
6562600
6562600
65
0
4414800
4414800
66
0
2272200
2272200
67
0
132700
132700
68
300
41600
41900
69
175000
18100
193100
70
491800
3900
495700
71
814900
1600
816500
72
1153400
400
1153800
73
1493800
0
1493800
74
1838200
0
1838200
75
2223000
0
2223000
76
2610300
0
2610300
77
3000400
0
3000400
78
3409100
0
3409100
79
3870400
0
3870400
80
4394700
0
4394700
81
5041200
0
5041200
82
5694700
0
5694700
83
6354500
0
6354500
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.