thetaOwl

CBRL

Cracker Barrel Old Country StorClose $53.50EOD only
Max Pain
$42.50
Next expiry Jul 17, 2026
Expected Move
±$4.25
7.9% from close
Price Gap
-11.00
Distance to max pain
IV Rank
2
Low premium
P/C OI
0.49
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 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
Jul 2, 2026 close
Max Pain — CBRL
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $42.50 (11.00 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
±$4.25
±7.9%
Days to Expiry
15
Calendar days
Total Call OI
5,683
Nearest expiry
Total Put OI
3,385
Nearest expiry
P/C OI Ratio
0.60
Put-heavy
Spot Price
$53.50
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$30.005/15/2026, 11:07:59 PM
2026-06-18$37.506/18/2026, 11:07:13 PM
2026-07-17NextUpdated$42.507/3/2026, 11:08:08 PM
2026-08-21$45.007/3/2026, 11:08:08 PM
2026-09-18$35.007/3/2026, 11:08:08 PM
2026-12-18$40.007/3/2026, 11:08:08 PM
2027-01-15$35.007/3/2026, 11:08:08 PM
Selected expiration: 2026-07-17 at max pain $42.50.
CBRL pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
15087777508777750
20071012507101250
22.5062680006268000
25054600005460000
27.5046555004655500
30175038815003883250
32.5500031557503160750
351650024890002505500
37.57925018820001961250
4023150013207501552250
42.55677509040001471750
4510245005440001568500
47.515230002927501815750
502126250720002198250
52.52812750232502836000
553543500120003555500
57.5444775060004453750
60537025005370250
65799825007998250
7010734750010734750
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.