This page reflects WPM 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 — WPM
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $140.00 (3.72 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$140.00
Nearest expiry
Expected Move
±$3.10
±2.3%
Days to Expiry
7
Calendar days
Total Call OI
1,019
Nearest expiry
Total Put OI
454
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$136.28
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
$147.00
9/25/2026, 11:33:45 PM
2026-10-02Updated
$140.00
10/2/2026, 11:34:52 PM
2026-10-09Next
$140.00
10/2/2026, 11:34:52 PM
2026-10-16
$150.00
10/2/2026, 11:34:52 PM
2026-10-23
$145.00
10/2/2026, 11:34:52 PM
2026-10-30
$138.00
10/2/2026, 11:34:52 PM
2026-11-06
$130.00
10/2/2026, 11:34:52 PM
2026-11-20
$150.00
10/2/2026, 11:34:52 PM
2026-12-18
$140.00
10/2/2026, 11:34:52 PM
2027-01-15
$150.00
10/2/2026, 11:34:52 PM
2027-03-19
$125.00
10/2/2026, 11:34:52 PM
2027-06-17
$120.00
10/2/2026, 11:34:52 PM
2027-09-17
$150.00
10/2/2026, 11:34:52 PM
Selected expiration: 2026-10-09 at max pain $140.00.
WPM pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
85
0
2319750
2319750
95
2000
1865750
1867750
100
14500
1638750
1653250
105
27500
1412750
1440250
110
44500
1186750
1231250
119
97600
779950
877550
120
103600
734850
838450
122
117400
658650
776050
124
131200
582650
713850
125
138100
544750
682850
126
147100
507950
655050
127
156100
471250
627350
128
165100
435050
600150
129
174100
399350
573450
130
183100
364050
547150
131
195500
331050
526550
132
207900
298350
506250
133
220400
265850
486250
134
233100
234950
468050
135
246300
205550
451850
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.