This page reflects CCK 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 — CCK
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $100.00 (13.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$1.53
±1.4%
Days to Expiry
15
Calendar days
Total Call OI
1,855
Nearest expiry
Total Put OI
325
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$113.29
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$100.00
5/15/2026, 11:07:00 PM
2026-06-18
$97.50
6/18/2026, 11:06:59 PM
2026-07-17NextUpdated
$100.00
7/3/2026, 11:07:28 PM
2026-08-21
$105.00
7/3/2026, 11:07:28 PM
2026-10-16
$97.50
7/3/2026, 11:07:28 PM
2027-01-15
$95.00
7/3/2026, 11:07:28 PM
Selected expiration: 2026-07-17 at max pain $100.00.
CCK pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
1235000
1235000
65
500
1072500
1073000
70
1000
911500
912500
75
1500
751500
753000
80
2000
593500
595500
85
3500
438500
442000
87.5
4250
362000
366250
90
5000
287750
292750
92.5
8250
217000
225250
95
11500
149500
161000
97.5
16500
84000
100500
100
24000
19500
43500
105
51500
5500
57000
110
821500
0
821500
115
1686000
0
1686000
120
2565500
0
2565500
125
3463500
0
3463500
130
4371500
0
4371500
135
5285000
0
5285000
140
6211500
0
6211500
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.