$NDX Max Pain
The max pain for NASDAQ 100 ($NDX) options expiring Dec 10, 2026 (25 DTE) is $28,350.00.
$NDX Max Pain by Expiry
The Max Pain for all expiration dates of $NDX.
$NDX Max Pain FAQ
What is max pain?
Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.
What is $NDX max pain this week?
As of the Nov 13, 2026 close, max pain for $NDX options expiring Dec 10, 2026 is $28,350.00. The chart above shows the exact max pain for each expiration date.
Does $NDX trade above or below its max pain?
$NDX closed above its near-term max pain on 4 of the last 20 trading days. On Nov 13, 2026 it closed at $27,859.40, 3.9% below max pain of $29,000.00.
How has $NDX max pain changed recently?
Over the last 20 trading days, near-term max pain for $NDX ranged from $27,700.00 to $30,400.00. It went from $30,350.00 on Oct 19, 2026 to $29,000.00 on Nov 13, 2026. See the $NDX max pain history for a longer view.