This page reflects ZM 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 — ZM
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $91.00 (1.88 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$91.00
Nearest expiry
Expected Move
±$3.74
±4.0%
Days to Expiry
7
Calendar days
Total Call OI
4,752
Nearest expiry
Total Put OI
1,815
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$92.88
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
$91.00
9/25/2026, 11:35:26 PM
2026-10-02Updated
$91.00
10/2/2026, 11:34:04 PM
2026-10-09Next
$91.00
10/2/2026, 11:34:04 PM
2026-10-16
$94.00
10/2/2026, 11:34:04 PM
2026-10-23
$90.00
10/2/2026, 11:34:04 PM
2026-10-30
$90.00
10/2/2026, 11:34:04 PM
2026-11-06
$88.00
10/2/2026, 11:34:04 PM
2026-11-20
$92.50
10/2/2026, 11:34:04 PM
2026-12-18
$80.00
10/2/2026, 11:34:04 PM
2027-01-15
$92.50
10/2/2026, 11:34:04 PM
2027-02-19
$92.50
10/2/2026, 11:34:04 PM
2027-03-19
$100.00
10/2/2026, 11:34:04 PM
2027-05-21
$90.00
10/2/2026, 11:34:04 PM
2027-06-17
$97.50
10/2/2026, 11:34:04 PM
2027-09-17
$97.50
10/2/2026, 11:34:04 PM
Selected expiration: 2026-10-09 at max pain $91.00.
ZM pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
5170700
5170700
65
0
4221200
4221200
75
0
2323200
2323200
78
0
1755000
1755000
79
0
1565900
1565900
80
0
1377100
1377100
81
600
1193600
1194200
82
1400
1012300
1013700
83
2400
834400
836800
84
3700
719000
722700
85
5100
605500
610600
86
13100
511800
524900
87
22200
421900
444100
88
37200
336100
373300
89
53500
258400
311900
90
72300
187100
259400
91
101800
136100
237900
92
152000
95900
247900
93
350000
64700
414700
94
579600
42500
622100
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.