The Cheesecake Factory IncorporClose $79.18EOD only
Max Pain
$75.00
Next expiry Jul 17, 2026
Expected Move
±$4.12
5.2% from close
Price Gap
-4.18
Distance to max pain
IV Rank
12
Low premium
P/C OI
0.79
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 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
Jul 2, 2026 close
Max Pain — CAKE
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $75.00 (4.18 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$4.12
±5.2%
Days to Expiry
15
Calendar days
Total Call OI
3,651
Nearest expiry
Total Put OI
3,700
Nearest expiry
P/C OI Ratio
1.01
Put-heavy
Spot Price
$79.18
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$67.50
5/15/2026, 11:07:00 PM
2026-06-18
$70.00
6/18/2026, 11:08:09 PM
2026-07-17NextUpdated
$75.00
7/3/2026, 11:06:19 PM
2026-08-21
$77.50
7/3/2026, 11:06:19 PM
2026-10-16
$70.00
7/3/2026, 11:06:19 PM
2027-01-15
$50.00
7/3/2026, 11:06:19 PM
Selected expiration: 2026-07-17 at max pain $75.00.
CAKE pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
16891500
16891500
27.5
0
15966750
15966750
30
0
15042000
15042000
32.5
250
14117250
14117500
35
500
13193250
13193750
37.5
3250
12282000
12285250
40
6000
11384250
11390250
42.5
11500
10490250
10501750
45
17000
9604000
9621000
47.5
22500
8722000
8744500
50
30500
7849500
7880000
52.5
41750
7016750
7058500
55
74250
6215750
6290000
57.5
146500
5438250
5584750
60
230500
4677000
4907500
62.5
327000
3957750
4284750
65
432500
3252000
3684500
67.5
580500
2570750
3151250
70
869000
1921750
2790750
72.5
1243500
1290500
2534000
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.