What is CCL max pain this week?

CCL max pain for the nearest expiration (2026-07-10) is $29.00. Total call open interest: 7,033. Total put open interest: 7,659.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options CCLMax Pain

CCL

Carnival CorporationClose $27.91EOD only

Max Pain

$29.00

Next expiry Jul 10, 2026

Expected Move

±$1.36

4.9% from close

Price Gap

+1.09

Distance to max pain

IV Rank

Low premium

P/C OI

1.23

Slightly put-heavy

Consensus

4/4

Partial coverage

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects CCL 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 — CCL

Data as of market close Jul 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $29.00 (1.09 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$29.00

Nearest expiry

Expected Move

±$1.36

±4.9%

Days to Expiry

Calendar days

Total Call OI

7,033

Nearest expiry

Total Put OI

7,659

Nearest expiry

P/C OI Ratio

1.09

Put-heavy

Spot Price

$27.91

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	$29.00	6/26/2026, 11:07:48 PM
2026-07-02	$28.00	7/2/2026, 11:07:45 PM
2026-07-10NextUpdated	$29.00	7/3/2026, 11:07:05 PM
2026-07-17	$30.00	7/3/2026, 11:07:05 PM
2026-07-24	$28.00	7/3/2026, 11:07:05 PM
2026-07-31	$26.00	7/3/2026, 11:07:05 PM
2026-08-07	$25.00	7/3/2026, 11:07:05 PM
2026-08-21	$28.00	7/3/2026, 11:07:05 PM
2026-09-18	$28.00	7/3/2026, 11:07:05 PM
2026-10-16	$27.00	7/3/2026, 11:07:05 PM
2026-11-20	$27.00	7/3/2026, 11:07:05 PM
2026-12-18	$26.00	7/3/2026, 11:07:05 PM
2027-01-15	$30.00	7/3/2026, 11:07:05 PM
2027-03-19	$28.00	7/3/2026, 11:07:05 PM
2027-06-17	$30.00	7/3/2026, 11:07:05 PM

Selected expiration: 2026-07-10 at max pain $29.00.

CCL pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
15	0	9598850	9598850
17	1400	8067250	8068650
18	3000	7301450	7304450
19	5100	6535850	6540950
20	7300	5770350	5777650
21	11400	5005350	5016750
22	16500	4245050	4261550
23	21600	3488950	3510550
24	26700	2743550	2770250
25	31900	2114050	2145950
25.5	38350	1828850	1867200
26	44800	1547300	1592100
26.5	55200	1277200	1332400
27	68400	1022150	1090550
27.5	110350	801100	911450
28	154500	594100	748600
28.5	218200	461400	679600
29	285700	335700	621400
29.5	382700	247900	630600
30	491800	168650	660450

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.