Carpenter Technology CorporatioClose $388.47EOD only
Max Pain
$410.00
Next expiry Oct 16, 2026
Expected Move
±$25.00
6.4% from close
Price Gap
+21.53
Distance to max pain
IV Rank
9
Low premium
P/C OI
0.85
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects CRS 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 — CRS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $410.00 (21.53 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$410.00
Nearest expiry
Expected Move
±$25.00
±6.4%
Days to Expiry
14
Calendar days
Total Call OI
2,415
Nearest expiry
Total Put OI
2,726
Nearest expiry
P/C OI Ratio
1.13
Put-heavy
Spot Price
$388.47
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$500.00
8/21/2026, 11:08:51 PM
2026-09-18
$440.00
9/18/2026, 11:10:07 PM
2026-10-16NextUpdated
$410.00
10/2/2026, 11:09:35 PM
2026-11-20
$410.00
10/2/2026, 11:09:35 PM
2026-12-18
$410.00
10/2/2026, 11:09:35 PM
2027-01-15
$360.00
10/2/2026, 11:09:35 PM
2027-03-19
$430.00
10/2/2026, 11:09:35 PM
Selected expiration: 2026-10-16 at max pain $410.00.
CRS pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
160
0
54056000
54056000
165
0
52696500
52696500
170
0
51341500
51341500
175
0
49992500
49992500
180
500
48650000
48650500
185
1000
47312500
47313500
190
1500
45975000
45976500
195
2000
44641000
44643000
200
2500
43309000
43311500
210
3500
40646000
40649500
220
5500
37984000
37989500
230
7500
35322000
35329500
240
9500
32661000
32670500
250
12500
30000000
30012500
260
16500
27344000
27360500
270
22500
24689000
24711500
280
29500
22038000
22067500
290
36500
19419000
19455500
300
43500
16800000
16843500
310
50500
14195000
14245500
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.