Zebra Technologies CorporationClose $375.86EOD only
Max Pain
$360.00
Next expiry Oct 16, 2026
Expected Move
±$17.75
4.7% from close
Price Gap
-15.86
Distance to max pain
IV Rank
4
Low premium
P/C OI
1.46
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects ZBRA 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 — ZBRA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $360.00 (15.86 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$360.00
Nearest expiry
Expected Move
±$17.75
±4.7%
Days to Expiry
14
Calendar days
Total Call OI
284
Nearest expiry
Total Put OI
546
Nearest expiry
P/C OI Ratio
1.92
Put-heavy
Spot Price
$375.86
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
$320.00
8/21/2026, 11:35:45 PM
2026-09-18
$340.00
9/18/2026, 11:35:24 PM
2026-10-16NextUpdated
$360.00
10/2/2026, 11:35:31 PM
2026-11-20
$350.00
10/2/2026, 11:35:31 PM
2026-12-18
$290.00
10/2/2026, 11:35:31 PM
2027-02-19
$330.00
10/2/2026, 11:35:31 PM
2027-05-21
$290.00
10/2/2026, 11:35:31 PM
2027-08-20
$330.00
10/2/2026, 11:35:31 PM
Selected expiration: 2026-10-16 at max pain $360.00.
ZBRA pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
260
0
2644000
2644000
270
0
2100000
2100000
280
0
1556000
1556000
290
0
1032000
1032000
300
2000
640000
642000
310
6000
380000
386000
320
10000
266000
276000
330
15000
185000
200000
340
20000
121000
141000
350
35000
66000
101000
360
54000
28000
82000
370
151000
11000
162000
380
279000
2000
281000
390
468000
1000
469000
400
693000
0
693000
410
949000
0
949000
420
1213000
0
1213000
500
3437000
0
3437000
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.