Cracker Barrel Old Country StorClose $31.79EOD only
Max Pain
$30.00
Next expiry Jun 18, 2026
Expected Move
±$5.00
15.7% from close
Price Gap
-1.79
Distance to max pain
IV Rank
23
Low premium
P/C OI
0.89
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 21, 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 21, 2026 close
Max Pain — CBRL
Data as of market close May 21, 2026
Nearest listed expiration 2026-06-18 shows max pain at $30.00 (1.79 below 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
±$5.00
±15.7%
Days to Expiry
28
Calendar days
Total Call OI
11,007
Nearest expiry
Total Put OI
10,627
Nearest expiry
P/C OI Ratio
0.97
Put-heavy
Spot Price
$31.79
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$27.50
4/17/2026, 11:08:21 PM
2026-05-15
$30.00
5/15/2026, 11:07:59 PM
2026-06-18NextUpdated
$30.00
5/21/2026, 11:06:42 PM
2026-07-17
$32.50
5/21/2026, 11:06:42 PM
2026-09-18
$27.50
5/21/2026, 11:06:42 PM
2026-12-18
$30.00
5/21/2026, 11:06:42 PM
2027-01-15
$30.00
5/21/2026, 11:06:42 PM
Selected expiration: 2026-06-18 at max pain $30.00.
CBRL pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
11909000
11909000
15
750
9255250
9256000
17.5
5250
6617250
6622500
20
11750
4989500
5001250
22.5
22750
3438250
3461000
25
46000
2017000
2063000
27.5
260500
1029250
1289750
30
558250
527000
1085250
32.5
1042000
233000
1275000
35
1826000
99750
1925750
37.5
2908000
49250
2957250
40
4378000
31000
4409000
42.5
6888250
23750
6912000
45
9472750
17250
9490000
47.5
12094500
13000
12107500
50
14735250
9000
14744250
55
20113750
4000
20117750
60
25543250
0
25543250
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.