thetaOwl

CBRL

Cracker Barrel Old Country StorClose $29.98EOD only
Max Pain
$30.00
Next expiry Jun 18, 2026
Expected Move
±$4.70
15.7% from close
Price Gap
+0.02
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.90
Balanced positioning
Consensus
No reports available
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — CBRL
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $30.00 (0.02 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$4.70
±15.7%
Days to Expiry
29
Calendar days
Total Call OI
10,881
Nearest expiry
Total Put OI
10,776
Nearest expiry
P/C OI Ratio
0.99
Put-heavy
Spot Price
$29.98
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$27.504/17/2026, 11:08:21 PM
2026-05-15$30.005/15/2026, 11:07:59 PM
2026-06-18NextUpdated$30.005/20/2026, 11:07:21 PM
2026-07-17$32.505/20/2026, 11:07:21 PM
2026-09-18$27.505/20/2026, 11:07:21 PM
2026-12-18$30.005/20/2026, 11:07:21 PM
2027-01-15$30.005/20/2026, 11:07:21 PM
Selected expiration: 2026-06-18 at max pain $30.00.
CBRL pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
12.501216075012160750
1575094697509470500
17.5525067945006799750
201175051295005141250
22.52275035410003563750
254625020820002128250
27.526100010570001318000
305592505132501072500
32.510350002210001256000
351806500895001896000
37.52873750407502914500
404328750242504353000
42.56807500187506826250
459360500140009374500
47.5119507501150011962250
5014560000900014569000
5519875500400019879500
6025242000025242000
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.