This page reflects YPF 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 — YPF
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $46.00 (3.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$46.00
Nearest expiry
Expected Move
±$3.12
±6.3%
Days to Expiry
14
Calendar days
Total Call OI
33,162
Nearest expiry
Total Put OI
17,352
Nearest expiry
P/C OI Ratio
0.52
Put-heavy
Spot Price
$49.67
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
$48.00
8/21/2026, 11:32:57 PM
2026-09-18
$50.00
9/18/2026, 11:36:56 PM
2026-10-16NextUpdated
$46.00
10/2/2026, 11:34:46 PM
2026-11-20
$50.00
10/2/2026, 11:34:46 PM
2027-01-15
$50.00
10/2/2026, 11:34:46 PM
2027-03-19
$40.00
10/2/2026, 11:34:46 PM
2027-04-16
$55.00
10/2/2026, 11:34:46 PM
2027-05-21
$50.00
10/2/2026, 11:34:46 PM
Selected expiration: 2026-10-16 at max pain $46.00.
YPF pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
39687400
39687400
25
0
31011400
31011400
29
400
24070600
24071000
30
500
22335700
22336200
31
600
20605600
20606200
32
7700
18875600
18883300
33
14800
17146200
17161000
34
21900
15416800
15438700
35
29000
13727400
13756400
36
96400
12056900
12153300
37
168800
10386400
10555200
38
241200
8720500
8961700
39
315600
7519700
7835300
40
390000
6318900
6708900
41
471000
5471700
5942700
42
558900
4624500
5183400
43
688600
3854300
4542900
44
835400
3165200
4000600
45
982200
2483900
3466100
46
1359900
2030500
3390400
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.