The Cheesecake Factory IncorporClose $109.65EOD only
Max Pain
$105.00
Next expiry Oct 16, 2026
Expected Move
±$6.93
6.3% from close
Price Gap
-4.65
Distance to max pain
IV Rank
17
Low premium
P/C OI
1.08
Balanced positioning
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects CAKE options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — CAKE
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $105.00 (4.65 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$6.93
±6.3%
Days to Expiry
14
Calendar days
Total Call OI
5,379
Nearest expiry
Total Put OI
5,447
Nearest expiry
P/C OI Ratio
1.01
Put-heavy
Spot Price
$109.65
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$110.00
8/21/2026, 11:06:20 PM
2026-09-18
$100.00
9/18/2026, 11:07:14 PM
2026-10-16NextUpdated
$105.00
10/2/2026, 11:04:05 PM
2026-11-20
$105.00
10/2/2026, 11:04:05 PM
2027-01-15
$90.00
10/2/2026, 11:04:05 PM
2027-02-19
$100.00
10/2/2026, 11:04:05 PM
2027-04-16
$110.00
10/2/2026, 11:04:05 PM
2027-05-21
$90.00
10/2/2026, 11:04:05 PM
2027-08-20
$125.00
10/2/2026, 11:04:05 PM
Selected expiration: 2026-10-16 at max pain $105.00.
CAKE pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
34036250
34036250
32.5
0
32693250
32693250
35
0
31350500
31350500
37.5
0
30007750
30007750
42.5
0
27322250
27322250
45
0
25979500
25979500
47.5
0
24639000
24639000
50
0
23299250
23299250
52.5
0
21959500
21959500
55
1000
20639250
20640250
57.5
7750
19319000
19326750
60
16250
18002000
18018250
62.5
29750
16685000
16714750
65
45250
15405500
15450750
67.5
60750
14209250
14270000
70
86000
13036750
13122750
72.5
179250
11913500
12092750
75
280500
10825000
11105500
77.5
393000
9774000
10167000
80
523500
8734500
9258000
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.