This page reflects CRK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — CRK
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $16.00 (1.66 above 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
±$1.85
±12.9%
Days to Expiry
29
Calendar days
Total Call OI
8,082
Nearest expiry
Total Put OI
3,243
Nearest expiry
P/C OI Ratio
0.40
Put-heavy
Spot Price
$14.34
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$19.00
4/17/2026, 11:09:28 PM
2026-05-15
$16.00
5/15/2026, 11:10:59 PM
2026-06-18NextUpdated
$16.00
5/20/2026, 11:08:49 PM
2026-07-17
$8.00
5/20/2026, 11:08:49 PM
2026-08-21
$20.00
5/20/2026, 11:08:49 PM
2026-09-18
$16.00
5/20/2026, 11:08:49 PM
2026-11-20
$20.00
5/20/2026, 11:08:49 PM
2026-12-18
$15.00
5/20/2026, 11:08:49 PM
2027-01-15
$20.00
5/20/2026, 11:08:49 PM
Selected expiration: 2026-06-18 at max pain $16.00.
CRK pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
3429700
3429700
10
76000
1808200
1884200
11
96400
1485200
1581600
12
117800
1165300
1283100
13
139500
866500
1006000
14
163100
586300
749400
15
192500
376400
568900
16
286100
253900
540000
17
466100
181600
647700
18
794200
118700
912900
19
1158600
75800
1234400
20
1534300
38800
1573100
21
1960400
9900
1970300
22
2401600
3600
2405200
23
2935200
0
2935200
24
3486400
0
3486400
25
4070200
0
4070200
26
4733900
0
4733900
27
5425900
0
5425900
28
6157700
0
6157700
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.