This page reflects CHPT 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 — CHPT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $7.00 (1.04 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.82
±13.8%
Days to Expiry
15
Calendar days
Total Call OI
2,909
Nearest expiry
Total Put OI
1,465
Nearest expiry
P/C OI Ratio
0.50
Put-heavy
Spot Price
$5.96
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
2026-05-29
$7.00
5/29/2026, 11:08:34 PM
2026-06-18
$7.00
6/18/2026, 11:03:31 PM
2026-07-17NextUpdated
$7.00
7/3/2026, 11:07:10 PM
2026-08-21
$7.00
7/3/2026, 11:07:10 PM
2026-11-20
$8.00
7/3/2026, 11:07:10 PM
2027-01-15
$0.50
7/3/2026, 11:07:10 PM
2027-02-19
$7.00
7/3/2026, 11:07:10 PM
Selected expiration: 2026-07-17 at max pain $7.00.
CHPT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
729200
729200
2
100
584100
584200
3
300
440200
440500
4
800
298200
299000
5
1900
161600
163500
6
6400
55500
61900
7
29200
11500
40700
8
85800
1200
87000
9
175800
200
176000
10
420200
0
420200
11
698800
0
698800
12
984900
0
984900
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.