This page reflects CCJ 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 — CCJ
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $106.00 (9.46 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$106.00
Nearest expiry
Expected Move
±$5.77
±6.0%
Days to Expiry
8
Calendar days
Total Call OI
2,868
Nearest expiry
Total Put OI
14,540
Nearest expiry
P/C OI Ratio
5.07
Put-heavy
Spot Price
$96.54
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$105.00
6/26/2026, 11:07:36 PM
2026-07-02
$102.00
7/2/2026, 11:04:07 PM
2026-07-10NextUpdated
$106.00
7/3/2026, 11:08:23 PM
2026-07-17
$105.00
7/3/2026, 11:08:23 PM
2026-07-24
$106.00
7/3/2026, 11:08:23 PM
2026-07-31
$105.00
7/3/2026, 11:08:23 PM
2026-08-07
$105.00
7/3/2026, 11:08:23 PM
2026-08-21
$105.00
7/3/2026, 11:08:23 PM
2026-09-18
$110.00
7/3/2026, 11:08:23 PM
2026-12-18
$115.00
7/3/2026, 11:08:23 PM
2027-01-15
$90.00
7/3/2026, 11:08:23 PM
Selected expiration: 2026-07-10 at max pain $106.00.
CCJ pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
26096100
26096100
75
0
18827600
18827600
80
0
11569600
11569600
83
5400
7217500
7222900
84
7200
5768500
5775700
85
9000
4325100
4334100
86
11300
3993200
4004500
87
13600
3678600
3692200
88
15900
3381700
3397600
89
20300
3088100
3108400
90
24700
2800700
2825400
91
29100
2565200
2594300
92
33500
2332100
2365600
93
37900
2100400
2138300
94
42300
1881000
1923300
95
52900
1678200
1731100
96
65400
1491700
1557100
97
78000
1316200
1394200
98
91100
1152700
1243800
99
104200
994500
1098700
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.