thetaOwl

CBRL

Cracker Barrel Old Country StorClose $56.07EOD only
Max Pain
$55.00
Next expiry Aug 21, 2026
Expected Move
±$2.67
4.8% from close
Price Gap
-1.07
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.71
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 19, 2026 close
End-of-day snapshot

This page reflects CBRL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 19, 2026 close
Max Pain — CBRL
Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $55.00 (1.07 below 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
±$2.67
±4.8%
Days to Expiry
2
Calendar days
Total Call OI
7,187
Nearest expiry
Total Put OI
5,440
Nearest expiry
P/C OI Ratio
0.76
Put-heavy
Spot Price
$56.07
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$37.506/18/2026, 11:07:13 PM
2026-07-17$50.007/17/2026, 11:08:58 PM
2026-08-21NextUpdated$55.008/19/2026, 11:06:47 PM
2026-09-18$45.008/19/2026, 11:06:47 PM
2026-12-18$45.008/19/2026, 11:06:47 PM
2027-01-15$40.008/19/2026, 11:06:47 PM
2027-03-19$47.508/19/2026, 11:06:47 PM
Selected expiration: 2026-08-21 at max pain $55.00.
CBRL pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
2501280100012801000
27.501144425011444250
3001008750010087500
32.5087307508730750
35073745007374500
37.5060235006023500
40375046987504702500
42.51200035520003564000
458300025772502660250
47.515950018055001965000
5024825010897501338000
52.54727505397501012500
55794250160750955000
57.51314750107501325500
60220300042502207250
62.5389875017503900500
65563225005632250
70918425009184250
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.