SQQQ max pain

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

SQQQ's max pain for the October 23, 2026 expiration was 35 at the October 20, 2026 close, −7.1% from SQQQ's 37.68 close. Max pain is the price at which option holders' total intrinsic value at expiry would be smallest.

35
Max pain
Oct 23 expiry
37.68
Close
−7.1% to max pain
0.24
Put/call OI
0.24
Put/call volume

SQQQ close vs max pain, last 20 sessions

SessionCloseMax painGap
Oct 2037.6835−7.1%
Oct 1937.5235−6.7%
Oct 1638.9035−10.0%
Oct 1536.1435−3.2%
Oct 1436.0035−2.8%
Oct 1333.9935+3.0%
Oct 1233.6335+4.1%
Oct 932.9535+6.2%
Oct 833.3732−4.1%
Oct 732.0732−0.2%
Oct 631.8332.5+2.1%
Oct 532.2534+5.4%
Oct 233.1235+5.7%
Oct 134.1137+8.5%
Sep 3034.4137+7.5%
Sep 2934.6637+6.8%
Sep 2834.8337+6.2%
Sep 2533.7537.5+11.1%
Sep 2434.1837+8.3%
Sep 2334.1437+8.4%

The session before, max pain sat at 35.

Open interest within 45 days stood at 98,949 calls and 23,326 puts, a put/call ratio of 0.24. On the day, 28,207 calls and 6,751 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 SQQQ's map move live all session.

Common questions

What is SQQQ's max pain?

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

What is SQQQ's put/call ratio?

By open interest 0.24; by volume 0.24 on October 20, 2026.

Does SQQQ 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.