This page reflects ZTS 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 — ZTS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $75.00 (5.31 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$3.55
±5.1%
Days to Expiry
14
Calendar days
Total Call OI
16,732
Nearest expiry
Total Put OI
11,888
Nearest expiry
P/C OI Ratio
0.71
Put-heavy
Spot Price
$69.69
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
$75.00
8/21/2026, 11:37:33 PM
2026-09-18
$75.00
9/18/2026, 11:35:38 PM
2026-10-16NextUpdated
$75.00
10/2/2026, 11:32:10 PM
2026-11-20
$70.00
10/2/2026, 11:32:10 PM
2026-12-18
$75.00
10/2/2026, 11:32:10 PM
2027-01-15
$75.00
10/2/2026, 11:32:10 PM
2027-03-19
$75.00
10/2/2026, 11:32:10 PM
2027-04-16
$80.00
10/2/2026, 11:32:10 PM
2027-06-17
$60.00
10/2/2026, 11:32:10 PM
2027-09-17
$65.00
10/2/2026, 11:32:10 PM
Selected expiration: 2026-10-16 at max pain $75.00.
ZTS pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
26632500
26632500
50
6000
20744000
20750000
55
13000
15016000
15029000
60
24500
9333000
9357500
65
48500
4226500
4275000
70
102000
1459000
1561000
75
690000
271000
961000
80
2876500
134500
3011000
85
6985000
112000
7097000
90
12023500
92500
12116000
95
17808500
74000
17882500
100
25400500
55500
25456000
105
33372500
37000
33409500
110
41450000
18500
41468500
115
49670000
0
49670000
120
57931500
0
57931500
125
66239000
0
66239000
130
74568000
0
74568000
135
82914000
0
82914000
140
91260000
0
91260000
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.