Constellation Energy CorporatioClose $239.25EOD only
Max Pain
$260.00
Next expiry Jul 10, 2026
Expected Move
±$12.90
5.4% from close
Price Gap
+20.75
Distance to max pain
IV Rank
19
Low premium
P/C OI
1.36
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Jul 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
Jul 2, 2026 close
Max Pain — CEG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $260.00 (20.75 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
±$12.90
±5.4%
Days to Expiry
8
Calendar days
Total Call OI
2,736
Nearest expiry
Total Put OI
2,770
Nearest expiry
P/C OI Ratio
1.01
Put-heavy
Spot Price
$239.25
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
$265.00
6/26/2026, 11:08:04 PM
2026-07-02
$250.00
7/2/2026, 11:07:56 PM
2026-07-10NextUpdated
$260.00
7/3/2026, 11:07:12 PM
2026-07-17
$270.00
7/3/2026, 11:07:12 PM
2026-07-24
$250.00
7/3/2026, 11:07:12 PM
2026-07-31
$250.00
7/3/2026, 11:07:12 PM
2026-08-07
$260.00
7/3/2026, 11:07:12 PM
2026-08-21
$280.00
7/3/2026, 11:07:12 PM
2026-09-18
$280.00
7/3/2026, 11:07:12 PM
2026-11-20
$270.00
7/3/2026, 11:07:12 PM
2026-12-18
$270.00
7/3/2026, 11:07:12 PM
2027-01-15
$300.00
7/3/2026, 11:07:12 PM
2027-02-19
$240.00
7/3/2026, 11:07:12 PM
2027-03-19
$290.00
7/3/2026, 11:07:12 PM
2027-06-17
$300.00
7/3/2026, 11:07:12 PM
Selected expiration: 2026-07-10 at max pain $260.00.
CEG pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
160
0
22090000
22090000
165
0
20706000
20706000
170
1000
19322000
19323000
175
2000
17938500
17940500
185
4000
15198500
15202500
190
5000
13869500
13874500
200
7000
11385500
11392500
205
8000
10171000
10179000
210
9000
8961500
8970500
215
11500
7767500
7779000
220
14000
6604000
6618000
225
20000
5484500
5504500
230
28000
4458500
4486500
235
39000
3494000
3533000
237.5
48000
3078250
3126250
240
57000
2669500
2726500
245
110500
1969500
2080000
247.5
147500
1670000
1817500
250
184500
1381000
1565500
252.5
251250
1140750
1392000
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.