Corcept Therapeutics IncorporatClose $118.10EOD only
Max Pain
$50.00
Next expiry Aug 21, 2026
Expected Move
±$4.83
4.1% from close
Price Gap
-68.10
Distance to max pain
IV Rank
67
High premium
P/C OI
0.37
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects CORT 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 — CORT
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $50.00 (68.10 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$4.83
±4.1%
Days to Expiry
3
Calendar days
Total Call OI
11,752
Nearest expiry
Total Put OI
2,863
Nearest expiry
P/C OI Ratio
0.24
Put-heavy
Spot Price
$118.10
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
$50.00
6/18/2026, 11:08:36 PM
2026-07-17
$70.00
7/17/2026, 11:11:33 PM
2026-08-21NextUpdated
$50.00
8/18/2026, 11:09:01 PM
2026-09-18
$110.00
8/18/2026, 11:09:01 PM
2026-11-20
$75.00
8/18/2026, 11:09:01 PM
2027-01-15
$77.50
8/18/2026, 11:09:01 PM
2027-02-19
$95.00
8/18/2026, 11:09:01 PM
Selected expiration: 2026-08-21 at max pain $50.00.
CORT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
17.5
0
17786500
17786500
20
500
17081500
17082000
22.5
1000
16377000
16378000
25
2000
15687750
15689750
27.5
3000
14998500
15001500
30
4000
14331500
14335500
32.5
23500
13690500
13714000
35
69000
13064250
13133250
37.5
147250
12438000
12585250
40
235500
11811750
12047250
42.5
380000
11185500
11565500
45
529000
10562750
11091750
47.5
833000
9940000
10773000
50
1152250
9317750
10470000
52.5
1803250
8699750
10503000
55
2457500
8081750
10539250
57.5
3249000
7464750
10713750
60
4040750
6847750
10888500
62.5
4864000
6230750
11094750
65
5687250
5615000
11302250
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.