This page reflects CLMT 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 — CLMT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $55.00 (0.28 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$5.03
±9.1%
Days to Expiry
14
Calendar days
Total Call OI
6,941
Nearest expiry
Total Put OI
5,345
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$55.28
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
$40.00
8/21/2026, 11:08:13 PM
2026-09-18
$48.00
9/18/2026, 11:08:01 PM
2026-10-16NextUpdated
$55.00
10/2/2026, 11:08:25 PM
2026-11-20
$45.00
10/2/2026, 11:08:25 PM
2027-01-15
$30.00
10/2/2026, 11:08:25 PM
2027-02-19
$40.00
10/2/2026, 11:08:25 PM
2027-03-19
$40.00
10/2/2026, 11:08:25 PM
2027-05-21
$55.00
10/2/2026, 11:08:25 PM
Selected expiration: 2026-10-16 at max pain $55.00.
CLMT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
8570200
8570200
40
0
5898200
5898200
41
600
5393300
5393900
42
1200
4888900
4890100
43
1800
4387500
4389300
44
4800
3891200
3896000
45
7800
3395200
3403000
46
18200
2922100
2940300
47
39500
2465200
2504700
48
62900
2012000
2074900
49
92000
1577000
1669000
50
126100
1150500
1276600
55
395600
136500
532100
60
1278100
36500
1314600
65
3762600
9000
3771600
70
6678100
0
6678100
75
9991100
0
9991100
80
13461100
0
13461100
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.