California Resources CorporatioClose $52.43EOD only
Max Pain
$52.50
Next expiry Oct 16, 2026
Expected Move
±$3.40
6.5% from close
Price Gap
+0.07
Distance to max pain
IV Rank
4
Low premium
P/C OI
1.23
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects CRC 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 — CRC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $52.50 (0.07 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$52.50
Nearest expiry
Expected Move
±$3.40
±6.5%
Days to Expiry
14
Calendar days
Total Call OI
147
Nearest expiry
Total Put OI
71
Nearest expiry
P/C OI Ratio
0.48
Put-heavy
Spot Price
$52.43
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$52.50
8/21/2026, 11:10:07 PM
2026-09-18
$52.50
9/18/2026, 11:09:56 PM
2026-10-16NextUpdated
$52.50
10/2/2026, 11:07:36 PM
2026-11-20
$52.50
10/2/2026, 11:07:36 PM
2026-12-18
$50.00
10/2/2026, 11:07:36 PM
2027-01-15
$52.50
10/2/2026, 11:07:36 PM
2027-04-16
$45.00
10/2/2026, 11:07:36 PM
Selected expiration: 2026-10-16 at max pain $52.50.
CRC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
126750
126750
40
0
57750
57750
42.5
0
41750
41750
45
0
28750
28750
47.5
0
17000
17000
50
500
6250
6750
52.5
1500
2250
3750
55
9250
1500
10750
57.5
19500
1000
20500
60
31500
750
32250
62.5
46000
500
46500
65
73000
250
73250
67.5
102000
0
102000
70
131750
0
131750
75
191250
0
191250
80
259250
0
259250
85
329250
0
329250
90
401750
0
401750
95
474250
0
474250
100
547750
0
547750
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.