thetaOwl

CRM

Salesforce, Inc.Close $234.69EOD only
Max Pain
$235.00
Next expiry Oct 9, 2026
Expected Move
±$9.08
3.9% from close
Price Gap
+0.31
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.95
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects CRM 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 — CRM
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $235.00 (0.31 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$235.00
Nearest expiry
Expected Move
±$9.08
±3.9%
Days to Expiry
7
Calendar days
Total Call OI
7,373
Nearest expiry
Total Put OI
6,246
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$234.69
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$237.509/25/2026, 11:07:33 PM
2026-10-02Updated$232.5010/2/2026, 11:07:50 PM
2026-10-09Next$235.0010/2/2026, 11:07:50 PM
2026-10-16$230.0010/2/2026, 11:07:50 PM
2026-10-23$230.0010/2/2026, 11:07:50 PM
2026-10-30$230.0010/2/2026, 11:07:50 PM
2026-11-06$240.0010/2/2026, 11:07:50 PM
2026-11-20$210.0010/2/2026, 11:07:50 PM
2026-12-18$220.0010/2/2026, 11:07:50 PM
2027-01-15$210.0010/2/2026, 11:07:50 PM
2027-02-19$220.0010/2/2026, 11:07:50 PM
2027-03-19$195.0010/2/2026, 11:07:50 PM
2027-05-21$250.0010/2/2026, 11:07:50 PM
2027-06-17$200.0010/2/2026, 11:07:50 PM
2027-09-17$220.0010/2/2026, 11:07:50 PM
Selected expiration: 2026-10-09 at max pain $235.00.
CRM pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
12006198025061980250
13005573425055734250
13505261175052611750
14004950925049509250
14504640825046408250
15504021425040214250
16010003716925037170250
16525003412875034131250
17040003109125031095250
175115002805425028065750
180195002502425025043750
185375002200975022047250
190575001902825019085750
195810001607825016159250
2001055001326475013370250
2051330001066825010801250
21017100082892508460250
21521250062487506461250
217.524500053565005601500
22028000044807504760750
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.