What is CAT max pain this week?

CAT max pain for the nearest expiration (2026-07-10) is $1000.00. Total call open interest: 6,147. Total put open interest: 8,734.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options CATMax Pain

CAT

Caterpillar, Inc.Close $963.53EOD only

Max Pain

$1000.00

Next expiry Jul 10, 2026

Expected Move

±$51.30

5.3% from close

Price Gap

+36.47

Distance to max pain

IV Rank

Low premium

P/C OI

1.25

Slightly put-heavy

Consensus

4/4

Partial coverage

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects CAT 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 — CAT

Data as of market close Jul 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $1000.00 (36.47 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$1000.00

Nearest expiry

Expected Move

±$51.30

±5.3%

Days to Expiry

Calendar days

Total Call OI

6,147

Nearest expiry

Total Put OI

8,734

Nearest expiry

P/C OI Ratio

1.42

Put-heavy

Spot Price

$963.53

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	$985.00	6/26/2026, 11:04:07 PM
2026-07-02	$1010.00	7/2/2026, 11:09:35 PM
2026-07-10NextUpdated	$1000.00	7/3/2026, 11:04:39 PM
2026-07-17	$900.00	7/3/2026, 11:04:39 PM
2026-07-24	$970.00	7/3/2026, 11:04:39 PM
2026-07-31	$970.00	7/3/2026, 11:04:39 PM
2026-08-07	$1000.00	7/3/2026, 11:04:39 PM
2026-08-21	$860.00	7/3/2026, 11:04:39 PM
2026-09-18	$760.00	7/3/2026, 11:04:39 PM
2026-11-20	$860.00	7/3/2026, 11:04:39 PM
2026-12-18	$800.00	7/3/2026, 11:04:39 PM
2027-01-15	$580.00	7/3/2026, 11:04:39 PM
2027-02-19	$980.00	7/3/2026, 11:04:39 PM
2027-03-19	$840.00	7/3/2026, 11:04:39 PM
2027-06-17	$720.00	7/3/2026, 11:04:39 PM

Selected expiration: 2026-07-10 at max pain $1000.00.

CAT pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
450	0	391109000	391109000
455	1000	386776000	386777000
460	8500	382471000	382479500
465	18500	378202500	378221000
470	35000	374001000	374036000
475	53000	369884000	369937000
490	122000	357533000	357655000
495	145000	353421500	353566500
500	168000	349313500	349481500
505	193500	345209500	345403000
525	297500	328793500	329091000
560	486500	300065500	300552000
620	816500	250817500	251634000
625	845000	246718500	247563500
630	875000	242619500	243494500
635	905000	238520500	239425500
640	935500	234421500	235357000
650	998500	226223500	227222000
655	1030000	222125000	223155000
660	1061500	218036000	219097500

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.