This page reflects WOLF 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 — WOLF
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $27.00 (8.28 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$27.00
Nearest expiry
Expected Move
±$3.52
±10.0%
Days to Expiry
7
Calendar days
Total Call OI
4,609
Nearest expiry
Total Put OI
524
Nearest expiry
P/C OI Ratio
0.11
Put-heavy
Spot Price
$35.28
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
$26.00
9/25/2026, 11:33:40 PM
2026-10-02Updated
$26.50
10/2/2026, 11:35:02 PM
2026-10-09Next
$27.00
10/2/2026, 11:35:02 PM
2026-10-16
$27.50
10/2/2026, 11:35:02 PM
2026-10-23
$27.00
10/2/2026, 11:35:02 PM
2026-10-30
$27.00
10/2/2026, 11:35:02 PM
2026-11-06
$31.00
10/2/2026, 11:35:02 PM
2026-11-20
$30.00
10/2/2026, 11:35:02 PM
2026-12-18
$30.00
10/2/2026, 11:35:02 PM
2027-01-15
$3.00
10/2/2026, 11:35:02 PM
2027-03-19
$30.00
10/2/2026, 11:35:02 PM
2027-04-16
$35.00
10/2/2026, 11:35:02 PM
2027-06-17
$35.00
10/2/2026, 11:35:02 PM
2027-09-17
$30.00
10/2/2026, 11:35:02 PM
Selected expiration: 2026-10-09 at max pain $27.00.
WOLF pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
477900
477900
16
0
425700
425700
17
0
375000
375000
18
0
324700
324700
19
0
274800
274800
19.5
0
250200
250200
20
0
225700
225700
20.5
100
203050
203150
21
200
180500
180700
21.5
300
158200
158500
22
400
136050
136450
22.5
500
116850
117350
23
600
98150
98750
23.5
700
81150
81850
24
800
64500
65300
24.5
1100
50300
51400
25
1450
37400
38850
25.5
2900
28100
31000
26
4350
20200
24550
26.5
6100
13850
19950
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.