This page reflects XIFR 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 — XIFR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $11.00 (0.61 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$11.00
Nearest expiry
Expected Move
±$0.70
±6.7%
Days to Expiry
14
Calendar days
Total Call OI
13,589
Nearest expiry
Total Put OI
36,781
Nearest expiry
P/C OI Ratio
2.71
Put-heavy
Spot Price
$10.39
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
$11.00
8/21/2026, 11:36:40 PM
2026-09-18
$11.00
9/18/2026, 11:37:00 PM
2026-10-16NextUpdated
$11.00
10/2/2026, 11:30:42 PM
2026-11-20
$11.00
10/2/2026, 11:30:42 PM
2027-01-15
$10.00
10/2/2026, 11:30:42 PM
2027-04-16
$10.00
10/2/2026, 11:30:42 PM
Selected expiration: 2026-10-16 at max pain $11.00.
XIFR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
26273600
26273600
4
0
22595800
22595800
5
100
18918300
18918400
6
200
15241400
15241600
7
300
11564500
11564800
8
400
7887700
7888100
9
500
4217500
4218000
10
6700
994900
1001600
11
34300
94300
128600
12
169500
26100
195600
13
422500
16000
438500
14
1119800
8400
1128200
15
2020600
800
2021400
16
3325900
300
3326200
17
4659200
0
4659200
18
5997800
0
5997800
19
7356600
0
7356600
20
8715400
0
8715400
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.