This page reflects CARG 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 — CARG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $32.00 (1.98 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$32.00
Nearest expiry
Expected Move
±$2.27
±7.6%
Days to Expiry
14
Calendar days
Total Call OI
106
Nearest expiry
Total Put OI
1,072
Nearest expiry
P/C OI Ratio
10.11
Put-heavy
Spot Price
$30.02
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
$36.00
8/21/2026, 11:06:44 PM
2026-09-18
$34.00
9/18/2026, 11:08:03 PM
2026-10-16NextUpdated
$32.00
10/2/2026, 11:07:04 PM
2026-11-20
$36.00
10/2/2026, 11:07:04 PM
2027-02-19
$34.00
10/2/2026, 11:07:04 PM
2027-05-21
$29.00
10/2/2026, 11:07:04 PM
Selected expiration: 2026-10-16 at max pain $32.00.
CARG pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
26
0
397500
397500
27
100
290400
290500
28
200
193400
193600
29
300
98500
98800
30
500
4700
5200
31
900
2800
3700
32
1400
1000
2400
33
3200
500
3700
34
6600
100
6700
35
10400
0
10400
36
14500
0
14500
37
20900
0
20900
38
28600
0
28600
39
36400
0
36400
40
44700
0
44700
42
61500
0
61500
44
78300
0
78300
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.