This page reflects CPNG 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 — CPNG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $14.50 (0.72 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.50
Nearest expiry
Expected Move
±$0.61
±4.4%
Days to Expiry
7
Calendar days
Total Call OI
1,411
Nearest expiry
Total Put OI
2,215
Nearest expiry
P/C OI Ratio
1.57
Put-heavy
Spot Price
$13.78
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$14.50
9/25/2026, 11:10:16 PM
2026-10-02Updated
$14.50
10/2/2026, 11:08:26 PM
2026-10-09Next
$14.50
10/2/2026, 11:08:26 PM
2026-10-16
$15.00
10/2/2026, 11:08:26 PM
2026-10-23
$15.00
10/2/2026, 11:08:26 PM
2026-10-30
$14.00
10/2/2026, 11:08:26 PM
2026-11-06
$14.50
10/2/2026, 11:08:26 PM
2026-11-20
$16.00
10/2/2026, 11:08:26 PM
2026-12-18
$16.00
10/2/2026, 11:08:26 PM
2027-01-15
$16.00
10/2/2026, 11:08:26 PM
2027-02-19
$15.00
10/2/2026, 11:08:26 PM
2027-03-19
$15.00
10/2/2026, 11:08:26 PM
2027-05-21
$7.00
10/2/2026, 11:08:26 PM
2027-06-17
$15.00
10/2/2026, 11:08:26 PM
2027-09-17
$15.00
10/2/2026, 11:08:26 PM
Selected expiration: 2026-10-09 at max pain $14.50.
CPNG pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
2004100
2004100
8
8700
1339600
1348300
9
11700
1118500
1130200
10
15300
897700
913000
10.5
17500
787300
804800
11
19900
676900
696800
11.5
22650
566500
589150
12
25400
456100
481500
12.5
28250
346500
374750
13
31500
238900
270400
13.5
35500
137600
173100
14
40200
64450
104650
14.5
52150
16850
69000
15
71450
2400
73850
15.5
115750
1050
116800
16
165050
600
165650
16.5
216350
400
216750
17
270350
250
270600
17.5
335450
150
335600
18
403100
50
403150
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.