MCHP max pain

From the closing options book · October 20, 2026 · updated after every close

MCHP's max pain for the October 23, 2026 expiration was 76 at the October 20, 2026 close, +0.2% from MCHP's 75.85 close. Max pain is the price at which option holders' total intrinsic value at expiry would be smallest.

76
Max pain
Oct 23 expiry
75.85
Close
+0.2% to max pain
0.65
Put/call OI
0.46
Put/call volume

MCHP close vs max pain, last 20 sessions

SessionCloseMax painGap
Oct 2075.8576+0.2%
Oct 1974.4376+2.1%
Oct 1673.8580+8.3%
Oct 1574.2672.5−2.4%
Oct 1471.2572.5+1.8%
Oct 1374.1672.5−2.2%
Oct 1273.8372.5−1.8%
Oct 975.5572.5−4.0%
Oct 875.5277+2.0%
Oct 778.0277−1.3%
Oct 681.2677−5.2%
Oct 581.4977−5.5%
Oct 281.3276−6.5%
Oct 178.5074−5.7%
Sep 3077.7774−4.8%
Sep 2978.7874−6.1%
Sep 2877.9774−5.1%
Sep 2578.6973−7.2%
Sep 2474.6972−3.6%
Sep 2375.5372−4.7%

The session before, max pain sat at 76.

Open interest within 45 days stood at 25,482 calls and 16,580 puts, a put/call ratio of 0.65. On the day, 2,428 calls and 1,114 puts traded.

Max pain is a property of the open-interest book, not a forecast: price has no obligation to finish there, and on most days it does not. It is most useful as a reference for where the expiring book is balanced.

These are the October 20, 2026 closing numbers. Members see MCHP's map move live all session.

Common questions

What is MCHP's max pain?

76 for the October 23, 2026 expiration, from open interest at the October 20, 2026 close.

What is MCHP's put/call ratio?

By open interest 0.65; by volume 0.46 on October 20, 2026.

Does MCHP close at max pain?

Not reliably. Max pain describes where the expiring options book is balanced; it is a reference level, not a prediction.

Compare: max pain on other tickers

Measured from the closing options book and rebuilt after every close. Nothing on this page is live. Levels are where dealer hedging is concentrated, not targets or forecasts. Not investment advice.