This page reflects CLX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — CLX
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $105.00 (0.55 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$2.67
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
10,883
Nearest expiry
Total Put OI
14,089
Nearest expiry
P/C OI Ratio
1.29
Put-heavy
Spot Price
$105.55
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$90.00
6/18/2026, 11:07:46 PM
2026-07-17
$95.00
7/17/2026, 11:09:47 PM
2026-08-21NextUpdated
$105.00
8/18/2026, 11:08:07 PM
2026-09-18
$100.00
8/18/2026, 11:08:07 PM
2026-10-16
$100.00
8/18/2026, 11:08:07 PM
2027-01-15
$105.00
8/18/2026, 11:08:07 PM
2027-03-19
$95.00
8/18/2026, 11:08:07 PM
Selected expiration: 2026-08-21 at max pain $105.00.
CLX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
51110500
51110500
60
1000
44068000
44069000
65
2000
37031000
37033000
70
3000
30004500
30007500
75
4000
23026500
23030500
80
5000
16200000
16205000
85
6000
9671500
9677500
90
7000
4652000
4659000
95
12500
1517000
1529500
100
31500
175500
207000
105
61500
30000
91500
110
3872500
500
3873000
115
8477500
0
8477500
120
13403000
0
13403000
125
18712500
0
18712500
130
24121500
0
24121500
135
29550000
0
29550000
140
34984500
0
34984500
145
40420500
0
40420500
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.