This page reflects CROX 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 — CROX
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $97.50 (5.41 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$97.50
Nearest expiry
Expected Move
±$10.65
±10.3%
Days to Expiry
29
Calendar days
Total Call OI
16,918
Nearest expiry
Total Put OI
11,330
Nearest expiry
P/C OI Ratio
0.67
Put-heavy
Spot Price
$102.91
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
$85.00
4/17/2026, 11:08:08 PM
2026-05-15
$97.50
5/15/2026, 11:12:49 PM
2026-06-18NextUpdated
$97.50
5/20/2026, 11:09:10 PM
2026-07-17
$97.50
5/20/2026, 11:09:10 PM
2026-09-18
$95.00
5/20/2026, 11:09:10 PM
2026-12-18
$95.00
5/20/2026, 11:09:10 PM
2027-01-15
$85.00
5/20/2026, 11:09:10 PM
2027-03-19
$85.00
5/20/2026, 11:09:10 PM
Selected expiration: 2026-06-18 at max pain $97.50.
CROX pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
37.5
0
58103000
58103000
40
0
55272500
55272500
42.5
0
52451000
52451000
45
2000
49629500
49631500
47.5
4000
46820000
46824000
50
26750
44013500
44040250
55
99750
38455500
38555250
60
182250
33050500
33232750
65
298750
27708500
28007250
67.5
357750
25153500
25511250
70
416750
22618750
23035500
72.5
484000
20172750
20656750
75
553750
18084500
18638250
77.5
633250
16204250
16837500
80
718250
14354000
15072250
82.5
842750
12577500
13420250
85
984750
10914500
11899250
87.5
1337500
9333500
10671000
90
2027000
7941000
9968000
92.5
2754250
6755250
9509500
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.