TOST max pain

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

TOST's max pain for the October 23, 2026 expiration was 31 at the October 20, 2026 close, −5.1% from TOST's 32.65 close. Max pain is the price at which option holders' total intrinsic value at expiry would be smallest.

31
Max pain
Oct 23 expiry
32.65
Close
−5.1% to max pain
0.64
Put/call OI
0.1
Put/call volume

TOST close vs max pain, last 20 sessions

SessionCloseMax painGap
Oct 2032.6531−5.1%
Oct 1931.4530.5−3.0%
Oct 1631.6230.5−3.5%
Oct 1532.2231.5−2.2%
Oct 1429.8532+7.2%
Oct 1330.8932+3.6%
Oct 1231.3232+2.2%
Oct 931.3133+5.4%
Oct 830.5330−1.7%
Oct 730.5530−1.8%
Oct 630.2530−0.8%
Oct 530.0430−0.1%
Oct 229.7930+0.7%
Oct 129.2330+2.6%
Sep 3028.9930+3.5%
Sep 2930.4630.5+0.1%
Sep 2830.3831+2.0%
Sep 2530.6031+1.3%
Sep 2430.1131+3.0%
Sep 2329.8131+4.0%

The session before, max pain sat at 30.5.

Open interest within 45 days stood at 16,117 calls and 10,351 puts, a put/call ratio of 0.64. On the day, 4,707 calls and 482 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 TOST's map move live all session.

Common questions

What is TOST's max pain?

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

What is TOST's put/call ratio?

By open interest 0.64; by volume 0.1 on October 20, 2026.

Does TOST 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.