This page reflects CHRD 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 — CHRD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $120.00 (6.68 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$120.00
Nearest expiry
Expected Move
±$4.65
±4.1%
Days to Expiry
15
Calendar days
Total Call OI
1,020
Nearest expiry
Total Put OI
289
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$113.32
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
2026-05-15
$135.00
5/15/2026, 11:08:44 PM
2026-06-18
$130.00
6/18/2026, 11:07:40 PM
2026-07-17NextUpdated
$120.00
7/3/2026, 11:07:48 PM
2026-08-21
$150.00
7/3/2026, 11:07:48 PM
2026-09-18
$135.00
7/3/2026, 11:07:48 PM
2026-12-18
$105.00
7/3/2026, 11:07:48 PM
2027-01-15
$110.00
7/3/2026, 11:07:48 PM
Selected expiration: 2026-07-17 at max pain $120.00.
CHRD pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
90
0
808500
808500
105
0
387000
387000
110
0
263500
263500
115
0
176500
176500
120
0
100500
100500
125
122000
43000
165000
130
310000
4500
314500
135
535500
0
535500
140
796500
0
796500
145
1217000
0
1217000
150
1661500
0
1661500
155
2135000
0
2135000
160
2612000
0
2612000
165
3095500
0
3095500
170
3584500
0
3584500
175
4088500
0
4088500
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.