This page reflects CCB 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 — CCB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $45.00 (4.83 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$3.50
±8.7%
Days to Expiry
14
Calendar days
Total Call OI
789
Nearest expiry
Total Put OI
221
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$40.17
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
$40.00
8/21/2026, 11:08:26 PM
2026-09-18
$50.00
9/18/2026, 11:04:28 PM
2026-10-16NextUpdated
$45.00
10/2/2026, 11:07:53 PM
2027-01-15
$40.00
10/2/2026, 11:07:53 PM
2027-04-16
$40.00
10/2/2026, 11:07:53 PM
Selected expiration: 2026-10-16 at max pain $45.00.
CCB pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
325000
325000
35
0
214500
214500
40
16000
137500
153500
45
40500
104000
144500
50
70000
79000
149000
55
231000
54000
285000
60
591000
29000
620000
65
951000
4000
955000
70
1317500
1500
1319000
75
1688000
0
1688000
80
2059500
0
2059500
85
2431000
0
2431000
90
2824000
0
2824000
95
3218500
0
3218500
105
4007500
0
4007500
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.