T Max Pain
T $20.85 · Updated Oct 26, 4:00 PM ET
T max pain for Oct 30, 2026 (4 days out) is $22.00, 5.5% above the current $20.85. 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 $22.50.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Oct 30, 2026 | 4 | $22.00 | +5.5% | 39,664 | 12,919 |
| Nov 6, 2026 | 11 | $22.00 | +5.5% | 14,799 | 4,447 |
| Nov 13, 2026 | 18 | $22.00 | +5.5% | 7,038 | 2,592 |
| Nov 20, 2026 | 25 | $23.00 | +10.3% | 70,697 | 45,258 |
| Nov 27, 2026 | 32 | $22.50 | +7.9% | 6,303 | 4,430 |
| Dec 4, 2026 | 39 | $21.50 | +3.1% | 213 | 199 |
| Dec 18, 2026 | 53 | $23.00 | +10.3% | 103,648 | 63,528 |
| Jan 15, 2027 | 81 | $22.00 | +5.5% | 217,559 | 113,260 |
| Mar 19, 2027 | 144 | $24.00 | +15.1% | 28,650 | 35,732 |
| Apr 16, 2027 | 172 | $24.00 | +15.1% | 10,236 | 8,029 |
How this is calculated: Max Pain methodology