thetaOwl

CCI

Crown Castle Inc.Close $76.60EOD only
Max Pain
$82.50
Next expiry Jul 17, 2026
Expected Move
±$3.95
5.2% from close
Price Gap
+5.90
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.57
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects CCI 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 — CCI
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $82.50 (5.90 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$82.50
Nearest expiry
Expected Move
±$3.95
±5.2%
Days to Expiry
15
Calendar days
Total Call OI
6,867
Nearest expiry
Total Put OI
2,394
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$76.60
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$85.005/15/2026, 11:04:18 PM
2026-06-18$87.506/18/2026, 11:10:10 PM
2026-07-17NextUpdated$82.507/3/2026, 11:07:31 PM
2026-08-21$80.007/3/2026, 11:07:31 PM
2026-09-18$85.007/3/2026, 11:07:31 PM
2026-10-16$85.007/3/2026, 11:07:31 PM
2026-12-18$90.007/3/2026, 11:07:31 PM
2027-01-15$87.507/3/2026, 11:07:31 PM
2027-03-19$87.507/3/2026, 11:07:31 PM
2027-06-17$90.007/3/2026, 11:07:31 PM
Selected expiration: 2026-07-17 at max pain $82.50.
CCI pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
47.5076487507648750
50070507507050750
60046587504658750
65034677503467750
70022922502292250
72.5375017662501770000
75750013195001327000
77.537000942000979000
80154250584000738250
82.5285750296500582250
85473250136500609750
87.587200074250946250
901371750212501393000
92.5218350002183500
95306000003060000
97.5418825004188250
100554200005542000
105857950008579500
11011979500011979500
11515408500015408500
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.