This page reflects CHRD 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 — CHRD
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $145.00 (7.99 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$145.00
Nearest expiry
Expected Move
±$7.95
±5.8%
Days to Expiry
14
Calendar days
Total Call OI
712
Nearest expiry
Total Put OI
620
Nearest expiry
P/C OI Ratio
0.87
Put-heavy
Spot Price
$137.01
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
$145.00
8/21/2026, 11:06:58 PM
2026-09-18
$140.00
9/18/2026, 11:08:56 PM
2026-10-16NextUpdated
$145.00
10/2/2026, 11:07:19 PM
2026-11-20
$130.00
10/2/2026, 11:07:19 PM
2026-12-18
$120.00
10/2/2026, 11:07:19 PM
2027-01-15
$140.00
10/2/2026, 11:07:19 PM
2027-03-19
$105.00
10/2/2026, 11:07:19 PM
Selected expiration: 2026-10-16 at max pain $145.00.
CHRD pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
2136500
2136500
110
0
1828500
1828500
115
0
1522500
1522500
120
0
1222000
1222000
125
0
924000
924000
130
0
642000
642000
135
1000
402000
403000
140
27000
221000
248000
145
78000
111000
189000
150
172000
54500
226500
155
293500
0
293500
160
437500
0
437500
165
687500
0
687500
170
968000
0
968000
175
1289000
0
1289000
180
1615000
0
1615000
185
1956000
0
1956000
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.