Max pain today

Max pain for 110 stocks and ETFs, nearest expiry.

Max pain is the strike price where option holders would collect the least money if the stock closed there at expiry. Below is today's figure for every stock we track, next to the last price. Readings refresh every 15 minutes in market hours; this list was built at 2026-11-10 11:15 AM ET.

Any US stock or ETF with listed options, with max pain for every upcoming expiry.

SPY max pain today
749.00

For the 2026-Nov-10 (Tue) expiry. 0.2% above the last price of 747.87. Every SPY expiry.

QQQ max pain today
675.00

For the 2026-Nov-10 (Tue) expiry. 0.2% above the last price of 673.88. Every QQQ expiry.

NVDA max pain today
180.00

For the 2026-Nov-11 (Wed) expiry. 6.1% above the last price of 169.61. Every NVDA expiry.

Biggest gaps between price and max pain

Stocks whose last price is furthest from max pain for the nearest expiry. A big gap is not a signal on its own; see does the price move toward max pain below.

Max pain above the price

The price is below max pain

StockLastMax painGap
NIO3.274.00+22.4%
ZS196.22215.00+9.6%
MSTR121.47130.00+7.0%
ARM181.24192.50+6.2%
CRM212.00225.00+6.1%

Max pain below the price

The price is above max pain

StockLastMax painGap
LCID3.943.00-23.8%
AMD530.00470.00-11.3%
AMC3.383.00-11.2%
LOW229.98210.00-8.7%
MA656.35600.00-8.6%

Every tracked stock

Gap is how far max pain sits from the last price: +2.0% means max pain is 2% above it, -2.0% means 2% below.

StockNameLastNearest expiryMax painGap
SPX S&P 500 Index 7484.64 2026-Nov-10 Tue, 1 day 7550.00 +0.9%
RUT Russell 2000 Index 2801.82 2026-Nov-10 Tue, 1 day 2820.00 +0.6%
SPY State Street SPDR S&P 500 ETF Trust 747.87 2026-Nov-10 Tue, 1 day 749.00 +0.2%
QQQ Invesco QQQ Trust 673.88 2026-Nov-10 Tue, 1 day 675.00 +0.2%
IWM iShares Russell 2000 ETF 278.88 2026-Nov-10 Tue, 1 day 280.00 +0.4%
DIA State Street SPDR Dow Jones Industrial Average ETF Trust 520.00 2026-Nov-13 Fri, 3 days 520.00 +0.0%
GLD SPDR Gold Shares 370.27 2026-Nov-10 Tue, 1 day 373.00 +0.7%
TLT iShares 20+ Year Treasury Bond ETF 80.86 2026-Nov-11 Wed, 1 day 81.50 +0.8%
XLK State Street Technology Select Sector SPDR ETF 169.13 2026-Nov-13 Fri, 3 days 171.00 +1.1%
XLF State Street Financial Select Sector SPDR ETF 57.96 2026-Nov-11 Wed, 1 day 58.00 +0.1%
XLE State Street Energy Select Sector SPDR ETF 61.65 2026-Nov-11 Wed, 1 day 63.00 +2.2%
XLV State Street Health Care Select Sector SPDR ETF 187.06 2026-Nov-13 Fri, 3 days 187.00 -0.0%
XLY State Street Consumer Discretionary Select Sector SPDR ETF 120.59 2026-Nov-13 Fri, 3 days 117.50 -2.6%
XLP State Street Consumer Staples Select Sector SPDR ETF 90.76 2026-Nov-13 Fri, 3 days 90.00 -0.8%
XLI State Street Industrial Select Sector SPDR ETF 167.25 2026-Nov-13 Fri, 3 days 167.00 -0.2%
XLB State Street Materials Select Sector SPDR ETF 52.42 2026-Dec-18 Fri, 38 days 50.00 -4.6%
XLU State Street Utilities Select Sector SPDR ETF 43.52 2026-Nov-13 Fri, 3 days 43.50 -0.0%
XLC State Street Communication Services Select Sector SPDR ETF 106.88 2027-Jan-15 Fri, 66 days 110.00 +2.9%
AAPL Apple 347.50 2026-Nov-11 Wed, 1 day 350.00 +0.7%
MSFT Microsoft 542.20 2026-Nov-11 Wed, 1 day 540.00 -0.4%
NVDA NVIDIA 169.61 2026-Nov-11 Wed, 1 day 180.00 +6.1%
AMZN Amazon.com 269.39 2026-Nov-11 Wed, 1 day 265.00 -1.6%
GOOGL Alphabet 287.73 2026-Nov-11 Wed, 1 day 290.00 +0.8%
META Meta Platforms 641.73 2026-Nov-11 Wed, 1 day 625.00 -2.6%
TSLA Tesla 377.40 2026-Nov-11 Wed, 1 day 372.50 -1.3%
AVGO Broadcom 329.26 2026-Nov-11 Wed, 1 day 312.50 -5.1%
BRK-B Berkshire Hathaway 578.23 2026-Nov-13 Fri, 3 days 552.50 -4.4%
NFLX Netflix 62.63 2026-Nov-13 Fri, 3 days 65.00 +3.8%
AMD Advanced Micro Devices 530.00 2026-Nov-11 Wed, 1 day 470.00 -11.3%
INTC Intel 58.41 2026-Nov-13 Fri, 3 days 59.00 +1.0%
MU Micron Technology 717.83 2026-Nov-11 Wed, 1 day 720.00 +0.3%
ARM Arm Holdings 181.24 2026-Nov-13 Fri, 3 days 192.50 +6.2%
SMCI Super Micro Computer 28.06 2026-Nov-13 Fri, 3 days 28.50 +1.6%
QCOM QUALCOMM Incorporated 170.30 2026-Nov-13 Fri, 3 days 167.50 -1.6%
TXN Texas Instruments Incorporated 296.07 2026-Nov-13 Fri, 3 days 292.50 -1.2%
AMAT Applied Materials 372.97 2026-Nov-13 Fri, 3 days 365.00 -2.1%
LRCX Lam Research 223.90 2026-Nov-13 Fri, 3 days 215.00 -4.0%
MRVL Marvell Technology 155.47 2026-Nov-13 Fri, 3 days 149.00 -4.2%
TSM Taiwan Semiconductor Manufacturing Company 396.07 2026-Nov-13 Fri, 3 days 382.50 -3.4%
CRM Salesforce 212.00 2026-Nov-13 Fri, 3 days 225.00 +6.1%
ORCL Oracle 118.78 2026-Nov-13 Fri, 3 days 123.00 +3.6%
ADBE Adobe 234.10 2026-Nov-13 Fri, 3 days 245.00 +4.7%
PLTR Palantir Technologies 167.40 2026-Nov-13 Fri, 3 days 162.50 -2.9%
SNOW Snowflake 296.50 2026-Nov-13 Fri, 3 days 285.00 -3.9%
CRWD CrowdStrike Holdings 227.08 2026-Nov-13 Fri, 3 days 227.50 +0.2%
PANW Palo Alto Networks 327.94 2026-Nov-13 Fri, 3 days 342.50 +4.4%
NET Cloudflare 304.44 2026-Nov-13 Fri, 3 days 280.00 -8.0%
DDOG Datadog 180.72 2026-Nov-13 Fri, 3 days 185.00 +2.4%
ZS Zscaler 196.22 2026-Nov-13 Fri, 3 days 215.00 +9.6%
SHOP Shopify 147.65 2026-Nov-13 Fri, 3 days 152.50 +3.3%
UBER Uber Technologies 69.57 2026-Nov-13 Fri, 3 days 69.00 -0.8%
ABNB Airbnb 186.84 2026-Nov-13 Fri, 3 days 180.00 -3.7%
PYPL PayPal Holdings 58.60 2026-Nov-13 Fri, 3 days 59.00 +0.7%
XYZ Block 84.71 2026-Nov-13 Fri, 3 days 80.00 -5.6%
IBM International Business Machines 243.94 2026-Nov-13 Fri, 3 days 250.00 +2.5%
CSCO Cisco Systems 98.08 2026-Nov-13 Fri, 3 days 100.00 +2.0%
NOW ServiceNow 100.44 2026-Nov-13 Fri, 3 days 105.00 +4.5%
COIN Coinbase Global 130.96 2026-Nov-13 Fri, 3 days 137.00 +4.6%
MSTR Strategy 121.47 2026-Nov-13 Fri, 3 days 130.00 +7.0%
HOOD Robinhood Markets 81.22 2026-Nov-13 Fri, 3 days 82.00 +1.0%
SOFI SoFi Technologies 16.02 2026-Nov-13 Fri, 3 days 16.00 -0.1%
GME GameStop 25.18 2026-Nov-13 Fri, 3 days 24.00 -4.7%
AMC AMC Entertainment Holdings 3.38 2026-Nov-13 Fri, 3 days 3.00 -11.2%
RIVN Rivian Automotive 13.91 2026-Nov-13 Fri, 3 days 13.50 -2.9%
LCID Lucid Group 3.94 2026-Nov-13 Fri, 3 days 3.00 -23.8%
NIO NIO 3.27 2026-Nov-20 Fri, 10 days 4.00 +22.4%
BABA Alibaba Group Holding 103.36 2026-Nov-13 Fri, 3 days 105.00 +1.6%
JPM JPMorgan Chase & 341.62 2026-Nov-13 Fri, 3 days 340.00 -0.5%
BAC Bank of America 50.53 2026-Nov-13 Fri, 3 days 50.00 -1.1%
WFC Wells Fargo & Company 85.50 2026-Nov-13 Fri, 3 days 84.00 -1.8%
GS The Goldman Sachs Group 904.35 2026-Nov-13 Fri, 3 days 900.00 -0.5%
MS Morgan Stanley 186.78 2026-Nov-13 Fri, 3 days 185.00 -1.0%
C Citigroup 121.83 2026-Nov-13 Fri, 3 days 122.00 +0.1%
V Visa 421.40 2026-Nov-13 Fri, 3 days 417.50 -0.9%
MA Mastercard Incorporated 656.35 2026-Nov-20 Fri, 10 days 600.00 -8.6%
AXP American Express Company 322.93 2026-Nov-13 Fri, 3 days 325.00 +0.6%
XOM ExxonMobil Holdings 162.96 2026-Nov-13 Fri, 3 days 170.00 +4.3%
CVX Chevron 208.83 2026-Nov-13 Fri, 3 days 215.00 +3.0%
COP ConocoPhillips 134.18 2026-Nov-13 Fri, 3 days 139.00 +3.6%
OXY Occidental Petroleum 55.47 2026-Nov-13 Fri, 3 days 58.00 +4.6%
BA The Boeing Company 172.04 2026-Nov-13 Fri, 3 days 175.00 +1.7%
CAT Caterpillar 577.86 2026-Nov-13 Fri, 3 days 585.00 +1.2%
DE Deere & Company 680.06 2026-Nov-20 Fri, 10 days 675.00 -0.7%
GE GE Aerospace 332.61 2026-Nov-13 Fri, 3 days 317.50 -4.5%
LMT Lockheed Martin 597.80 2026-Nov-20 Fri, 10 days 565.00 -5.5%
RTX RTX 198.30 2026-Nov-13 Fri, 3 days 192.50 -2.9%
HON Honeywell International 227.86 2026-Nov-20 Fri, 10 days 215.00 -5.6%
UPS United Parcel Service 109.77 2026-Nov-13 Fri, 3 days 105.00 -4.3%
F Ford Motor Company 12.24 2026-Nov-13 Fri, 3 days 12.50 +2.1%
GM General Motors Company 88.88 2026-Nov-13 Fri, 3 days 87.00 -2.1%
AAL American Airlines Group 14.19 2026-Nov-13 Fri, 3 days 13.00 -8.4%
UNH UnitedHealth Group Incorporated 398.57 2026-Nov-13 Fri, 3 days 400.00 +0.4%
LLY Eli Lilly and Company 1415.08 2026-Nov-13 Fri, 3 days 1340.00 -5.3%
JNJ Johnson & Johnson 280.74 2026-Nov-13 Fri, 3 days 265.00 -5.6%
PFE Pfizer 29.07 2026-Nov-13 Fri, 3 days 29.50 +1.5%
MRK Merck & Co. 146.28 2026-Nov-13 Fri, 3 days 145.00 -0.9%
ABBV AbbVie 293.19 2026-Nov-13 Fri, 3 days 285.00 -2.8%
MRNA Moderna 259.20 2026-Nov-13 Fri, 3 days 252.50 -2.6%
COST Costco Wholesale 1062.28 2026-Nov-13 Fri, 3 days 1030.00 -3.0%
WMT Walmart 125.42 2026-Nov-13 Fri, 3 days 124.00 -1.1%
HD The Home Depot 350.29 2026-Nov-13 Fri, 3 days 330.00 -5.8%
LOW Lowe's Companies 229.98 2026-Nov-13 Fri, 3 days 210.00 -8.7%
TGT Target 159.35 2026-Nov-13 Fri, 3 days 162.50 +2.0%
NKE NIKE 38.59 2026-Nov-13 Fri, 3 days 38.00 -1.5%
SBUX Starbucks 109.02 2026-Nov-13 Fri, 3 days 105.00 -3.7%
MCD McDonald's 281.38 2026-Nov-13 Fri, 3 days 265.00 -5.8%
DIS The Walt Disney Company 118.18 2026-Nov-13 Fri, 3 days 113.00 -4.4%
PG The Procter & Gamble Company 168.96 2026-Nov-13 Fri, 3 days 160.00 -5.3%
KO The Coca-Cola Company 96.25 2026-Nov-13 Fri, 3 days 95.00 -1.3%
PEP PepsiCo 141.71 2026-Nov-13 Fri, 3 days 137.00 -3.3%

How max pain is worked out

For each expiry we take every listed strike and ask: if the stock closed exactly here, how much would all the open calls and puts be worth? Calls are worth the amount the price is above their strike, puts the amount it is below. Max pain is the strike where that total is smallest, so option holders collect the least and option sellers keep the most.

  • It uses open interest, the number of contracts still open. That is reported once a day before the market opens, so max pain usually stays put through the session and changes overnight.
  • Contracts with fewer than 10 open are ignored as noise. If an expiry has fewer than 100 contracts open in total, or fewer than 3 strikes, we show n/a instead of a number.
  • A result more than 50% away from the stock price is almost always stale data, so we show n/a instead.
  • Open interest is published once a day and reads as zero overnight and before the open. Outside market hours we show max pain from the last session's open interest; where there is none yet, it reads n/a until the session starts.
  • "n/a" always means we could not work it out. We never fill the gap with the stock price or a guess.

Does the price move toward max pain?

Sometimes. Dealers who sold the options hedge them by trading the stock, and near expiry that hedging can nudge the price toward strikes with a lot of open interest. The effect is strongest on expiry day itself and in heavily traded single stocks. It is small next to a normal daily move, and on index funds like SPY, where most options are hedges and spreads, it is weak. Read max pain next to the expected move: if max pain sits inside the expected range, it is one more hint the range holds; if it sits far outside, ignore it.

The full explanation, with the formula and the evidence, is in max pain explained. Also see today's put/call ratios. Chains are delayed at least 15 minutes. Nothing here is investment advice.