This page reflects CRK 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 — CRK
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $14.00 (0.34 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$0.60
±4.4%
Days to Expiry
3
Calendar days
Total Call OI
18,666
Nearest expiry
Total Put OI
4,655
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$13.66
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
$14.00
6/18/2026, 11:09:12 PM
2026-07-17
$14.00
7/17/2026, 11:11:17 PM
2026-08-21NextUpdated
$14.00
8/18/2026, 11:09:40 PM
2026-09-18
$14.00
8/18/2026, 11:09:40 PM
2026-11-20
$14.00
8/18/2026, 11:09:40 PM
2026-12-18
$13.00
8/18/2026, 11:09:40 PM
2027-01-15
$15.00
8/18/2026, 11:09:40 PM
2027-03-19
$15.00
8/18/2026, 11:09:40 PM
Selected expiration: 2026-08-21 at max pain $14.00.
CRK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
3849800
3849800
6
1900
3384300
3386200
7
3800
2918800
2922600
8
6800
2453300
2460100
9
13800
1988200
2002000
10
21400
1525100
1546500
11
47000
1092300
1139300
12
79600
709600
789200
13
122700
436200
558900
14
211100
305000
516100
15
1155700
214000
1369700
16
2497900
164200
2662100
17
3979100
114600
4093700
18
5519200
65100
5584300
19
7125200
39100
7164300
20
8732500
13400
8745900
21
10404900
11500
10416400
22
12078500
9600
12088100
25
17208500
5400
17213900
26
18939200
4000
18943200
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.