CBL & Associates Properties, InClose $54.70EOD only
Max Pain
$55.00
Next expiry Oct 16, 2026
Expected Move
±$2.83
5.2% from close
Price Gap
+0.30
Distance to max pain
IV Rank
14
Low premium
P/C OI
0.82
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects CBL 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 — CBL
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $55.00 (0.30 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$2.83
±5.2%
Days to Expiry
14
Calendar days
Total Call OI
62
Nearest expiry
Total Put OI
41
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$54.70
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
$55.00
8/21/2026, 11:07:18 PM
2026-09-18
$55.00
9/18/2026, 11:07:26 PM
2026-10-16NextUpdated
$55.00
10/2/2026, 11:07:50 PM
2026-11-20
$39.83
10/2/2026, 11:07:50 PM
2027-01-15
$45.00
10/2/2026, 11:07:50 PM
2027-04-16
$50.00
10/2/2026, 11:07:50 PM
Selected expiration: 2026-10-16 at max pain $55.00.
CBL pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
24.83
0
102876
102876
25
0
102213
102213
34.83
0
65842
65842
36.83
200
58442
58642
37
217
57813
58030
44.83
1000
29625
30625
45.83
1200
26025
27225
46.83
1400
22625
24025
47.83
1700
19425
21125
48.83
2100
16325
18425
49.83
2500
13425
15925
55
9221
500
9721
60
22721
0
22721
65
53221
0
53221
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.