thetaOwl

CRNX

Crinetics Pharmaceuticals, Inc.Close $42.23EOD only
Max Pain
$34.00
Next expiry Jul 17, 2026
Expected Move
±$2.95
7.0% from close
Price Gap
-8.23
Distance to max pain
IV Rank
9
Low premium
P/C OI
0.36
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects CRNX 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 — CRNX
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $34.00 (8.23 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$34.00
Nearest expiry
Expected Move
±$2.95
±7.0%
Days to Expiry
15
Calendar days
Total Call OI
426
Nearest expiry
Total Put OI
136
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$42.23
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$38.005/15/2026, 11:08:31 PM
2026-06-18$37.006/18/2026, 11:12:14 PM
2026-07-17NextUpdated$34.007/3/2026, 11:09:56 PM
2026-08-21$28.007/3/2026, 11:09:56 PM
2026-09-18$40.007/3/2026, 11:09:56 PM
2026-12-18$40.007/3/2026, 11:09:56 PM
Selected expiration: 2026-07-17 at max pain $34.00.
CRNX pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
3005480054800
3110004120042200
3224002760030000
3371001900026100
34135001040023900
3519900520025100
3627900027900
3754100054100
3880300080300
391116000111600
401452000145200
453512000351200
505612000561200
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.