This page reflects CARG 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 — CARG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $29.00 (7.24 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$29.00
Nearest expiry
Expected Move
±$1.45
±4.0%
Days to Expiry
15
Calendar days
Total Call OI
278
Nearest expiry
Total Put OI
184
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$36.24
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
$30.00
5/15/2026, 11:08:12 PM
2026-06-18
$28.00
6/18/2026, 11:06:57 PM
2026-07-17NextUpdated
$29.00
7/3/2026, 11:07:10 PM
2026-08-21
$30.00
7/3/2026, 11:07:10 PM
2026-11-20
$33.00
7/3/2026, 11:07:10 PM
2027-02-19
$20.00
7/3/2026, 11:07:10 PM
Selected expiration: 2026-07-17 at max pain $29.00.
CARG pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
159700
159700
23
0
104800
104800
24
0
86600
86600
25
0
69400
69400
26
0
56800
56800
27
100
44300
44400
28
3400
32800
36200
29
14700
21400
36100
30
30300
10500
40800
31
46100
100
46200
32
64200
0
64200
33
83000
0
83000
34
103500
0
103500
35
124200
0
124200
36
148900
0
148900
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.