Step 1: Concept
The sequence follows a pattern based on the squares of consecutive even integers plus one.
Step 2: Meaning
We examine the relationship between the terms: $2 = 1^2 + 1$; $10 = 3^2 + 1$; $26 = 5^2 + 1$; $50 = 7^2 + 1$.
Step 3: Analysis
The sequence uses squares of odd numbers $1, 3, 5, 7$. The next odd number is $9$. Therefore, the missing term is $9^2 + 1 = 81 + 1 = 82$.
Step 4: Conclusion
Verifying with the final term: $11^2 + 1 = 121 + 1 = 122$. The pattern is consistent, making $82$ the correct answer.
Final Answer: (C)