This page reflects CHPT 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 — CHPT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $9.00 (0.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$1.20
±12.9%
Days to Expiry
14
Calendar days
Total Call OI
4,640
Nearest expiry
Total Put OI
5,048
Nearest expiry
P/C OI Ratio
1.09
Put-heavy
Spot Price
$9.29
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
$6.00
8/21/2026, 11:09:11 PM
2026-09-18
$9.00
9/18/2026, 11:08:14 PM
2026-10-16NextUpdated
$9.00
10/2/2026, 11:08:36 PM
2026-11-20
$10.00
10/2/2026, 11:08:36 PM
2027-01-15
$0.50
10/2/2026, 11:08:36 PM
2027-02-19
$7.00
10/2/2026, 11:08:36 PM
2027-05-21
$10.00
10/2/2026, 11:08:36 PM
Selected expiration: 2026-10-16 at max pain $9.00.
CHPT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
3075500
3075500
2
100
2570700
2570800
3
200
2065900
2066100
4
300
1561300
1561600
5
400
1062600
1063000
6
4800
613600
618400
7
12400
396800
409200
8
23800
202800
226600
9
50700
65100
115800
10
119000
13200
132200
11
246900
4400
251300
12
436300
2300
438600
13
834600
800
835400
14
1256800
500
1257300
15
1687900
200
1688100
16
2140600
0
2140600
17
2593300
0
2593300
18
3046000
0
3046000
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.