This page reflects CELH 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 — CELH
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $30.00 (3.16 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.04
±6.2%
Days to Expiry
8
Calendar days
Total Call OI
7,686
Nearest expiry
Total Put OI
5,378
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$33.16
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
$30.00
6/26/2026, 11:09:12 PM
2026-07-02
$29.50
7/2/2026, 11:07:42 PM
2026-07-10NextUpdated
$30.00
7/3/2026, 11:07:43 PM
2026-07-17
$30.00
7/3/2026, 11:07:43 PM
2026-07-24
$29.00
7/3/2026, 11:07:43 PM
2026-07-31
$31.00
7/3/2026, 11:07:43 PM
2026-08-07
$30.00
7/3/2026, 11:07:43 PM
2026-08-21
$30.00
7/3/2026, 11:07:43 PM
2026-09-18
$32.50
7/3/2026, 11:07:43 PM
2026-10-16
$32.50
7/3/2026, 11:07:43 PM
2026-12-18
$35.00
7/3/2026, 11:07:43 PM
2027-01-15
$35.00
7/3/2026, 11:07:43 PM
2027-03-19
$30.00
7/3/2026, 11:07:43 PM
2027-04-16
$30.00
7/3/2026, 11:07:43 PM
2027-06-17
$32.50
7/3/2026, 11:07:43 PM
Selected expiration: 2026-07-10 at max pain $30.00.
CELH pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
4502650
4502650
20
100
3964850
3964950
21
200
3427850
3428050
22
400
2901050
2901450
23
1100
2383050
2384150
24
5700
1872750
1878450
24.5
8100
1619950
1628050
25
10550
1367550
1378100
25.5
13150
1134700
1147850
26
15750
902600
918350
26.5
18600
691800
710400
27
21450
487350
508800
27.5
26800
384300
411100
28
32250
293750
326000
28.5
46650
226700
273350
29
62450
169800
232250
29.5
86700
132250
218950
30
113600
97150
210750
30.5
160750
72500
233250
31
223150
50250
273400
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.