thetaOwl

CHKP

Check Point Software TechnologiClose $136.58EOD only
Max Pain
$130.00
Next expiry Jul 17, 2026
Expected Move
±$8.72
6.4% from close
Price Gap
-6.58
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.60
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects CHKP 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 — CHKP
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $130.00 (6.58 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$8.72
±6.4%
Days to Expiry
15
Calendar days
Total Call OI
8,768
Nearest expiry
Total Put OI
4,553
Nearest expiry
P/C OI Ratio
0.52
Put-heavy
Spot Price
$136.58
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$120.005/15/2026, 11:07:29 PM
2026-06-18$125.006/18/2026, 11:07:36 PM
2026-07-17NextUpdated$130.007/3/2026, 11:07:03 PM
2026-08-21$125.007/3/2026, 11:07:03 PM
2026-10-16$135.007/3/2026, 11:07:03 PM
2026-12-18$140.007/3/2026, 11:07:03 PM
2027-01-15$110.007/3/2026, 11:07:03 PM
Selected expiration: 2026-07-17 at max pain $130.00.
CHKP pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
8501305850013058500
9010001078300010784000
95500085695008574500
100900063630006372000
1055550042705004326000
11010250032725003375000
11515200025200002672000
12020400018645002068500
12537300013720001745000
1307025009655001668000
13513605005840001944500
14026475003800003027500
14558830002140006097000
15096895001605009850000
1551356400012000013684000
160175305008300017613500
165215265004950021576000
170255380001600025554000
17529560500029560500
18033607000033607000
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.