Credit Acceptance CorporationClose $557.94EOD only
Max Pain
$470.00
Next expiry Aug 21, 2026
Expected Move
±$32.80
5.9% from close
Price Gap
-87.94
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.73
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects CACC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — CACC
Data as of market close May 20, 2026
Nearest listed expiration 2026-08-21 shows max pain at $470.00 (87.94 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$470.00
Nearest expiry
Expected Move
±$32.80
±5.9%
Days to Expiry
93
Calendar days
Total Call OI
67
Nearest expiry
Total Put OI
78
Nearest expiry
P/C OI Ratio
1.16
Put-heavy
Spot Price
$557.94
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-04-17
$490.00
4/17/2026, 11:07:51 PM
2026-05-15
$490.00
5/15/2026, 11:04:01 PM
2026-07-17NextUpdated
$470.00
5/20/2026, 11:06:53 PM
2026-08-21
$470.00
5/20/2026, 11:06:53 PM
2026-10-16
$220.00
5/20/2026, 11:06:53 PM
2026-11-20
$500.00
5/20/2026, 11:06:53 PM
2026-12-18
$460.00
5/20/2026, 11:06:53 PM
Selected expiration: 2026-08-21 at max pain $470.00.
CACC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
250
0
1536000
1536000
260
0
1459000
1459000
270
1000
1384000
1385000
280
2000
1310000
1312000
290
3000
1237000
1240000
300
4000
1164000
1168000
320
6000
1018000
1024000
340
8000
872000
880000
350
9000
800000
809000
360
10000
728000
738000
370
12000
656000
668000
400
18000
443000
461000
420
24000
303000
327000
430
27000
239000
266000
440
30000
181000
211000
450
33000
124000
157000
460
37000
67000
104000
470
92000
10000
102000
480
151000
6000
157000
490
211000
3000
214000
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.