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.

As of the Nov 4, 2026 close, max pain for Marqeta options about one week from expiration was $15.78. The chart above shows the exact max pain for each expiration date.

Marqeta closed above its near-term max pain on 20 of the last 20 trading days. On Nov 4, 2026 it closed at $18.58, 17.7% above max pain of $15.78.

Over the last 20 trading days, near-term max pain for Marqeta ranged from $9.80 to $16.60. It went from $16.00 on Oct 8, 2026 to $15.78 on Nov 4, 2026. See the MQ max pain history for a longer view.

Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank.