This page reflects CART 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 — CART
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $42.50 (3.28 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$42.50
Nearest expiry
Expected Move
±$1.58
±3.4%
Days to Expiry
8
Calendar days
Total Call OI
1,778
Nearest expiry
Total Put OI
159
Nearest expiry
P/C OI Ratio
0.09
Put-heavy
Spot Price
$45.78
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$43.00
6/26/2026, 11:07:03 PM
2026-07-02
$45.00
7/2/2026, 11:08:13 PM
2026-07-10NextUpdated
$42.50
7/3/2026, 11:07:14 PM
2026-07-17
$43.00
7/3/2026, 11:07:14 PM
2026-07-24
$47.00
7/3/2026, 11:07:14 PM
2026-07-31
$43.00
7/3/2026, 11:07:14 PM
2026-08-21
$45.00
7/3/2026, 11:07:14 PM
2026-09-18
$42.00
7/3/2026, 11:07:14 PM
2026-10-16
$44.00
7/3/2026, 11:07:14 PM
2027-01-15
$41.00
7/3/2026, 11:07:14 PM
Selected expiration: 2026-07-10 at max pain $42.50.
CART pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
274500
274500
31
0
179700
179700
33
0
148300
148300
38
5000
69800
74800
39
6000
54200
60200
41
8000
23200
31200
42
9700
11800
21500
42.5
10550
8500
19050
43
11400
7800
19200
44
14100
6400
20500
44.5
15950
5700
21650
45
18300
5000
23300
46
173000
3600
176600
47
336300
2200
338500
48
503100
800
503900
49
671100
0
671100
50
839800
0
839800
51
1017400
0
1017400
54
1550500
0
1550500
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.