Price 4 185 is 4.6% below the Max Pain of the main monthly contract DEC26 (4 385). 57 days to expiration; options price an expected move of ±290 (±6.9%).
| Price | 4 185 |
| Max Pain | 4 385 |
| Call wall (resistance) | 4 725 |
| Put wall (support) | 3 500 |
| Expected move to expiration | ±290 (±6.9%) · 57 d |
| Put/Call ratio (OI) | 0.4 |
| Open interest: calls / puts | 227 668 / 90 634 |
| Implied volatility (ATM) | 22.2% |
The previous monthly series expired on 24.09.2026 with Max Pain at 4 400 — now 4.9% above price. When a series expires far from Max Pain, price often gravitates toward that level the following month; we track it until the 27.10.2026 expiration.
What Max Pain, option walls and PCR are — in the knowledge base:
Not investment advice.
