Constellation Energy CorporatioClose $257.49EOD only
Max Pain
$260.00
Next expiry Oct 9, 2026
Expected Move
±$12.00
4.7% from close
Price Gap
+2.51
Distance to max pain
IV Rank
14
Low premium
P/C OI
1.56
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects CEG 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 — CEG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $260.00 (2.51 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$260.00
Nearest expiry
Expected Move
±$12.00
±4.7%
Days to Expiry
7
Calendar days
Total Call OI
1,988
Nearest expiry
Total Put OI
1,810
Nearest expiry
P/C OI Ratio
0.91
Put-heavy
Spot Price
$257.49
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$262.50
9/25/2026, 11:08:12 PM
2026-10-02Updated
$260.00
10/2/2026, 11:08:24 PM
2026-10-09Next
$260.00
10/2/2026, 11:08:24 PM
2026-10-16
$270.00
10/2/2026, 11:08:24 PM
2026-10-23
$270.00
10/2/2026, 11:08:24 PM
2026-10-30
$250.00
10/2/2026, 11:08:24 PM
2026-11-06
$250.00
10/2/2026, 11:08:24 PM
2026-11-20
$280.00
10/2/2026, 11:08:24 PM
2026-12-18
$270.00
10/2/2026, 11:08:24 PM
2027-01-15
$290.00
10/2/2026, 11:08:24 PM
2027-02-19
$280.00
10/2/2026, 11:08:24 PM
2027-03-19
$280.00
10/2/2026, 11:08:24 PM
2027-05-21
$260.00
10/2/2026, 11:08:24 PM
2027-06-17
$290.00
10/2/2026, 11:08:24 PM
2027-09-17
$260.00
10/2/2026, 11:08:24 PM
Selected expiration: 2026-10-09 at max pain $260.00.
CEG pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
175
0
12946250
12946250
180
0
12041750
12041750
200
0
8425750
8425750
205
500
7521750
7522250
210
1000
6618250
6619250
215
1500
5728750
5730250
220
2000
4839750
4841750
225
3000
4078250
4081250
230
4000
3331750
3335750
235
9500
2610750
2620250
240
15500
1938250
1953750
242.5
23500
1659250
1682750
245
31500
1389750
1421250
247.5
39500
1174000
1213500
250
47500
973500
1021000
252.5
69500
843250
912750
255
106750
713000
819750
257.5
148500
609750
758250
260
194250
510750
705000
262.5
275250
444000
719250
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.