MS Max Pain
MS $184.89 · Updated Oct 26, 4:00 PM ET
MS max pain for Oct 30, 2026 (4 days out) is $187.50, 1.4% above the current $184.89. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $185.00.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Oct 30, 2026 | 4 | $187.50 | +1.4% | 5,684 | 8,582 |
| Nov 6, 2026 | 11 | $180.00 | -2.6% | 4,394 | 1,524 |
| Nov 13, 2026 | 18 | $185.00 | +0.1% | 753 | 1,675 |
| Nov 20, 2026 | 25 | $185.00 | +0.1% | 33,016 | 27,601 |
| Nov 27, 2026 | 32 | $185.00 | +0.1% | 746 | 380 |
| Dec 4, 2026 | 39 | $180.00 | -2.6% | 14 | 43 |
| Dec 18, 2026 | 53 | $185.00 | +0.1% | 26,660 | 46,390 |
| Jan 15, 2027 | 81 | $180.00 | -2.6% | 40,382 | 55,749 |
| Mar 19, 2027 | 144 | $200.00 | +8.2% | 12,047 | 19,825 |
| Apr 16, 2027 | 172 | $190.00 | +2.8% | 3,426 | 4,109 |
How this is calculated: Max Pain methodology