This page reflects CPNG 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 — CPNG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $16.00 (2.56 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$1.09
±5.9%
Days to Expiry
8
Calendar days
Total Call OI
4,070
Nearest expiry
Total Put OI
797
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$18.56
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$17.00
6/26/2026, 11:08:34 PM
2026-07-02
$17.00
7/2/2026, 11:09:50 PM
2026-07-10NextUpdated
$16.00
7/3/2026, 11:09:33 PM
2026-07-17
$16.00
7/3/2026, 11:09:33 PM
2026-07-24
$17.50
7/3/2026, 11:09:33 PM
2026-07-31
$18.00
7/3/2026, 11:09:33 PM
2026-08-07
$16.50
7/3/2026, 11:09:33 PM
2026-08-21
$17.00
7/3/2026, 11:09:33 PM
2026-09-18
$21.00
7/3/2026, 11:09:33 PM
2026-11-20
$22.00
7/3/2026, 11:09:33 PM
2026-12-18
$21.00
7/3/2026, 11:09:33 PM
2027-01-15
$18.00
7/3/2026, 11:09:33 PM
2027-02-19
$14.00
7/3/2026, 11:09:33 PM
2027-03-19
$17.00
7/3/2026, 11:09:33 PM
2027-06-17
$13.00
7/3/2026, 11:09:33 PM
Selected expiration: 2026-07-10 at max pain $16.00.
CPNG pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
947650
947650
8
1200
708550
709750
9
1800
628850
630650
10
3000
549150
552150
11
4300
469450
473750
11.5
5200
429600
434800
12
6100
389750
395850
12.5
7100
349900
357000
13
8250
310050
318300
13.5
9600
270200
279800
14
10950
230700
241650
14.5
12350
191300
203650
15
13750
152200
165950
15.5
15350
114750
130100
16
18450
81300
99750
16.5
64550
50950
115500
17
112300
24000
136300
17.5
164950
15500
180450
18
226750
9100
235850
18.5
301700
4450
306150
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.