NASA max pain

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

NASA's max pain for the October 23, 2026 expiration was 21.5 at the October 20, 2026 close, +5.0% from NASA's 20.48 close. Max pain is the price at which option holders' total intrinsic value at expiry would be smallest.

21.5
Max pain
Oct 23 expiry
20.48
Close
+5.0% to max pain
2.82
Put/call OI
0.8
Put/call volume

NASA close vs max pain, last 20 sessions

SessionCloseMax painGap
Oct 2020.4821.5+5.0%
Oct 1920.7422.5+8.5%
Oct 1620.7223+11.0%
Oct 1521.2523+8.2%
Oct 1421.5823+6.6%
Oct 1322.6523+1.5%
Oct 1223.4123−1.8%
Oct 924.1023−4.6%
Oct 824.1325+3.6%
Oct 725.2025−0.8%
Oct 625.9625−3.7%
Oct 525.3325−1.3%
Oct 225.0024.5−2.0%
Oct 123.8724+0.5%
Sep 3023.9624+0.2%
Sep 2923.9224+0.3%
Sep 2824.2324−0.9%
Sep 2524.5424−2.2%
Sep 2424.3324−1.4%
Sep 2324.1024−0.4%

The session before, max pain sat at 22.5.

Open interest within 45 days stood at 873 calls and 2,464 puts, a put/call ratio of 2.82. On the day, 134 calls and 107 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 NASA's map move live all session.

Common questions

What is NASA's max pain?

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

What is NASA's put/call ratio?

By open interest 2.82; by volume 0.8 on October 20, 2026.

Does NASA 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.