This page reflects CELC 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 — CELC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $80.00 (7.90 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$25.10
±34.8%
Days to Expiry
14
Calendar days
Total Call OI
2,165
Nearest expiry
Total Put OI
1,835
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$72.10
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
$90.00
8/21/2026, 11:03:49 PM
2026-09-18
$90.00
9/18/2026, 11:08:24 PM
2026-10-16NextUpdated
$80.00
10/2/2026, 11:07:00 PM
2026-11-20
$95.00
10/2/2026, 11:07:00 PM
2026-12-18
$80.00
10/2/2026, 11:07:00 PM
2027-01-15
$80.00
10/2/2026, 11:07:00 PM
2027-03-19
$90.00
10/2/2026, 11:07:00 PM
Selected expiration: 2026-10-16 at max pain $80.00.
CELC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
5783500
5783500
50
0
4866000
4866000
55
0
3949000
3949000
60
0
3032500
3032500
65
3500
2117500
2121000
70
7000
1266000
1273000
75
11500
706500
718000
80
38000
315500
353500
85
171000
212500
383500
90
518500
140000
658500
95
992500
72500
1065000
100
1492000
9000
1501000
105
2062500
5000
2067500
110
2646000
2500
2648500
115
3248000
0
3248000
120
4302000
0
4302000
125
5358000
0
5358000
130
6424500
0
6424500
145
9624000
0
9624000
150
10691500
0
10691500
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.