This page reflects CLPT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 6, 2026 close
Max Pain — CLPT
Data as of market close Jul 6, 2026
Nearest listed expiration 2026-07-17 shows max pain at $15.00 (3.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$2.38
±13.2%
Days to Expiry
11
Calendar days
Total Call OI
5,909
Nearest expiry
Total Put OI
1,734
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$18.00
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
$10.00
5/15/2026, 11:10:37 PM
2026-06-18
$12.50
6/18/2026, 11:08:05 PM
2026-07-17NextUpdated
$15.00
7/6/2026, 11:09:24 PM
2026-08-21
$17.50
7/6/2026, 11:09:24 PM
2026-10-16
$10.00
7/6/2026, 11:09:24 PM
2026-11-20
$7.50
7/6/2026, 11:09:24 PM
2027-01-15
$15.00
7/6/2026, 11:09:24 PM
Selected expiration: 2026-07-17 at max pain $15.00.
CLPT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
2194000
2194000
5
750
1760500
1761250
7.5
1500
1329750
1331250
10
9250
905500
914750
12.5
23500
510750
534250
15
107000
163000
270000
17.5
437500
3000
440500
20
967250
250
967500
22.5
2244500
0
2244500
25
3618250
0
3618250
30
6563250
0
6563250
35
9517250
0
9517250
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.