thetaOwl

CRM

Salesforce, Inc.Close $166.11EOD only
Max Pain
$160.00
Next expiry Jul 10, 2026
Expected Move
±$7.97
4.8% from close
Price Gap
-6.11
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.65
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Jul 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
Jul 2, 2026 close
Max Pain — CRM
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $160.00 (6.11 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$7.97
±4.8%
Days to Expiry
8
Calendar days
Total Call OI
11,197
Nearest expiry
Total Put OI
7,184
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$166.11
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$152.506/26/2026, 11:10:35 PM
2026-07-02$157.507/2/2026, 11:08:21 PM
2026-07-10NextUpdated$160.007/3/2026, 11:09:20 PM
2026-07-17$165.007/3/2026, 11:09:20 PM
2026-07-24$165.007/3/2026, 11:09:20 PM
2026-07-31$150.007/3/2026, 11:09:20 PM
2026-08-07$155.007/3/2026, 11:09:20 PM
2026-08-21$175.007/3/2026, 11:09:20 PM
2026-09-18$190.007/3/2026, 11:09:20 PM
2026-10-16$185.007/3/2026, 11:09:20 PM
2026-11-20$175.007/3/2026, 11:09:20 PM
2026-12-18$200.007/3/2026, 11:09:20 PM
2027-01-15$200.007/3/2026, 11:09:20 PM
2027-02-19$175.007/3/2026, 11:09:20 PM
2027-03-19$185.007/3/2026, 11:09:20 PM
2027-06-17$200.007/3/2026, 11:09:20 PM
Selected expiration: 2026-07-10 at max pain $160.00.
CRM pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
9504179470041794700
10015003820270038204200
10550003461070034615700
11095003101870031028200
115150002742770027442700
120210002385470023875700
125285002030570020334200
130385001677420016812700
133478001469580014743600
134509001400310014054000
135540001331050013364500
136572001263520012692400
137604001196010012020500
138636001128840011352000
139668001062530010692100
14070000996760010037600
1417590093475009423400
1428180087305008812300
1438770081169008204600
1449380075217007615500
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.