Crinetics Pharmaceuticals, Inc.Close $36.27EOD only
Max Pain
$39.00
Next expiry Jun 18, 2026
Expected Move
±$2.50
6.9% from close
Price Gap
+2.73
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.91
Balanced positioning
Consensus
—
No reports available
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — CRNX
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $39.00 (2.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$39.00
Nearest expiry
Expected Move
±$2.50
±6.9%
Days to Expiry
29
Calendar days
Total Call OI
684
Nearest expiry
Total Put OI
444
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$36.27
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
$35.00
4/17/2026, 11:06:33 PM
2026-05-15
$38.00
5/15/2026, 11:08:31 PM
2026-06-18NextUpdated
$39.00
5/20/2026, 11:11:35 PM
2026-09-18
$40.00
5/20/2026, 11:11:35 PM
2026-12-18
$45.00
5/20/2026, 11:11:35 PM
Selected expiration: 2026-06-18 at max pain $39.00.
CRNX pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
502700
502700
30
4500
280700
285200
34
26100
149500
175600
35
31500
123000
154500
36
37400
106300
143700
37
43300
92000
135300
38
49200
78600
127800
39
56600
67700
124300
40
67700
57600
125300
42
121500
38600
160100
43
149200
29100
178300
44
179600
19800
199400
45
210200
11500
221700
46
261700
9600
271300
48
364900
5800
370700
49
417400
3900
421300
50
469900
2000
471900
55
760900
0
760900
60
1058900
0
1058900
65
1356900
0
1356900
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.