This page reflects CLDX 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 — CLDX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $38.00 (6.35 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$38.00
Nearest expiry
Expected Move
±$1.77
±5.6%
Days to Expiry
14
Calendar days
Total Call OI
6,533
Nearest expiry
Total Put OI
6,662
Nearest expiry
P/C OI Ratio
1.02
Put-heavy
Spot Price
$31.65
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
$36.00
8/21/2026, 11:03:34 PM
2026-09-18
$40.00
9/18/2026, 11:08:20 PM
2026-10-16NextUpdated
$38.00
10/2/2026, 11:07:22 PM
2026-11-20
$33.00
10/2/2026, 11:07:22 PM
2026-12-18
$35.00
10/2/2026, 11:07:22 PM
2027-01-15
$35.00
10/2/2026, 11:07:22 PM
2027-02-19
$30.00
10/2/2026, 11:07:22 PM
2027-03-19
$25.00
10/2/2026, 11:07:22 PM
2027-05-21
$36.00
10/2/2026, 11:07:22 PM
Selected expiration: 2026-10-16 at max pain $38.00.
CLDX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
11493500
11493500
20
1000
8227500
8228500
21
1200
7584000
7585200
22
1400
6952500
6953900
23
1800
6321800
6323600
24
2200
5692100
5694300
25
2600
5063700
5066300
26
3000
4577700
4580700
27
3500
4092300
4095800
28
4000
3628800
3632800
29
5600
3169900
3175500
30
7400
2716200
2723600
31
12100
2315100
2327200
32
18900
1917100
1936000
33
29800
1526700
1556500
34
47300
1151200
1198500
35
72400
777400
849800
36
108200
502300
610500
37
148400
234300
382700
38
188900
9400
198300
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.