This page reflects CLX 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 — CLX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $95.00 (2.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$5.22
±5.4%
Days to Expiry
15
Calendar days
Total Call OI
27,300
Nearest expiry
Total Put OI
17,082
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$97.26
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
$95.00
5/15/2026, 11:07:53 PM
2026-06-18
$90.00
6/18/2026, 11:07:46 PM
2026-07-17NextUpdated
$95.00
7/3/2026, 11:07:32 PM
2026-08-21
$95.00
7/3/2026, 11:07:32 PM
2026-09-18
$90.00
7/3/2026, 11:07:32 PM
2026-10-16
$100.00
7/3/2026, 11:07:32 PM
2027-01-15
$105.00
7/3/2026, 11:07:32 PM
2027-03-19
$95.00
7/3/2026, 11:07:32 PM
Selected expiration: 2026-07-17 at max pain $95.00.
CLX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
71680000
71680000
55
2000
63144500
63146500
60
4000
54609500
54613500
65
7000
46089500
46096500
70
12500
37631500
37644000
75
20000
29204500
29224500
80
30000
20979500
21009500
85
73000
13083500
13156500
90
194000
6489000
6683000
95
500500
1872000
2372500
100
1844000
825000
2669000
105
10333000
125500
10458500
110
20243500
61000
20304500
115
30888500
42500
30931000
120
42020000
29000
42049000
125
53485500
15500
53501000
130
65239000
2000
65241000
135
77350500
1500
77352000
140
89590500
1000
89591500
145
101881000
500
101881500
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.