SPX Max Pain
SPX $7,520.93 · Updated Nov 10, 4:00 PM ET
SPX max pain for Nov 11, 2026 (1 day out) is $7,550.00, 0.4% above the current $7,520.93. That is the settlement price at which the open contracts on that date would pay holders the least. For Dec 10, 2026, max pain is $7,525.00.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Nov 11, 2026 | 1 | $7,550.00 | +0.4% | 129,962 | 238,593 |
| Nov 12, 2026 | 2 | $7,600.00 | +1.1% | 54,040 | 111,185 |
| Nov 13, 2026 | 3 | $7,575.00 | +0.7% | 179,924 | 486,854 |
| Nov 16, 2026 | 6 | $7,625.00 | +1.4% | 55,237 | 88,619 |
| Nov 17, 2026 | 7 | $7,610.00 | +1.2% | 31,539 | 61,968 |
| Nov 18, 2026 | 8 | $7,600.00 | +1.1% | 33,202 | 68,464 |
| Nov 19, 2026 | 9 | $7,725.00 | +2.7% | 19,171 | 51,122 |
| Nov 20, 2026 | 10 | $7,595.00 | +1.0% | 964,240 | 1,656,091 |
| Nov 23, 2026 | 13 | $7,650.00 | +1.7% | 16,906 | 37,959 |
| Nov 24, 2026 | 14 | $7,775.00 | +3.4% | 23,799 | 35,307 |
| Nov 25, 2026 | 15 | $7,625.00 | +1.4% | 18,656 | 29,150 |
| Nov 27, 2026 | 17 | $7,625.00 | +1.4% | 57,456 | 231,713 |
How this is calculated: Max Pain methodology
