This page reflects CLPT 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 — CLPT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $15.00 (4.10 above 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
±$1.83
±16.8%
Days to Expiry
14
Calendar days
Total Call OI
9,539
Nearest expiry
Total Put OI
1,313
Nearest expiry
P/C OI Ratio
0.14
Put-heavy
Spot Price
$10.90
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
$17.50
8/21/2026, 11:07:56 PM
2026-09-18
$15.00
9/18/2026, 11:08:14 PM
2026-10-16NextUpdated
$15.00
10/2/2026, 11:07:35 PM
2026-11-20
$7.50
10/2/2026, 11:07:35 PM
2027-01-15
$15.00
10/2/2026, 11:07:35 PM
2027-04-16
$15.00
10/2/2026, 11:07:35 PM
Selected expiration: 2026-10-16 at max pain $15.00.
CLPT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
1376000
1376000
5
250
1047750
1048000
7.5
500
719500
720000
10
2750
392500
395250
12.5
29500
121750
151250
15
123000
2250
125250
17.5
593000
0
593000
20
1296500
0
1296500
22.5
3109250
0
3109250
25
5115000
0
5115000
30
9884500
0
9884500
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.