This page reflects CCK 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 — CCK
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $105.00 (1.05 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$4.15
±3.9%
Days to Expiry
14
Calendar days
Total Call OI
1,869
Nearest expiry
Total Put OI
337
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$106.05
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
$115.00
8/21/2026, 11:09:01 PM
2026-09-18
$105.00
9/18/2026, 11:07:57 PM
2026-10-16NextUpdated
$105.00
10/2/2026, 11:03:40 PM
2026-11-20
$105.00
10/2/2026, 11:03:40 PM
2027-01-15
$100.00
10/2/2026, 11:03:40 PM
2027-04-16
$115.00
10/2/2026, 11:03:40 PM
Selected expiration: 2026-10-16 at max pain $105.00.
CCK pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
1316500
1316500
70
0
1148000
1148000
75
0
979500
979500
80
0
812500
812500
85
0
648000
648000
87.5
0
568000
568000
90
0
488000
488000
92.5
0
415750
415750
95
0
348750
348750
97.5
3250
288500
291750
100
6500
231000
237500
105
13000
147500
160500
110
127000
68000
195000
115
326500
5000
331500
120
667000
0
667000
125
1289000
0
1289000
130
2122500
0
2122500
135
3047000
0
3047000
140
3981500
0
3981500
145
4916000
0
4916000
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.