This page reflects CELC 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 — CELC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $100.00 (7.95 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$13.45
±12.5%
Days to Expiry
15
Calendar days
Total Call OI
8,191
Nearest expiry
Total Put OI
3,786
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$107.95
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$120.00
5/15/2026, 11:08:08 PM
2026-06-18
$110.00
6/18/2026, 11:10:31 PM
2026-07-17NextUpdated
$100.00
7/3/2026, 11:04:00 PM
2026-08-21
$95.00
7/3/2026, 11:04:00 PM
2026-09-18
$130.00
7/3/2026, 11:04:00 PM
2026-10-16
$90.00
7/3/2026, 11:04:00 PM
2026-11-20
$75.00
7/3/2026, 11:04:00 PM
2026-12-18
$90.00
7/3/2026, 11:04:00 PM
2027-01-15
$75.00
7/3/2026, 11:04:00 PM
Selected expiration: 2026-07-17 at max pain $100.00.
CELC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
16671500
16671500
50
1000
14778500
14779500
60
4000
10992500
10996500
65
24500
9100000
9124500
70
45500
7358000
7403500
75
73500
5753500
5827000
80
105000
4363000
4468000
85
138000
3316000
3454000
90
215000
2551000
2766000
95
461500
1812000
2273500
100
773000
1406500
2179500
105
1705500
1140500
2846000
110
2897500
886000
3783500
115
4336500
638500
4975000
120
6034500
399000
6433500
125
7879000
216000
8095000
130
9870000
40500
9910500
135
12413000
14000
12427000
140
14997500
0
14997500
145
17763000
0
17763000
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.