This page reflects CRSP 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 — CRSP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $54.00 (6.08 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$54.00
Nearest expiry
Expected Move
±$2.40
±4.0%
Days to Expiry
8
Calendar days
Total Call OI
1,093
Nearest expiry
Total Put OI
426
Nearest expiry
P/C OI Ratio
0.39
Put-heavy
Spot Price
$60.08
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$52.00
6/26/2026, 11:09:25 PM
2026-07-02
$55.00
7/2/2026, 11:08:56 PM
2026-07-10NextUpdated
$54.00
7/3/2026, 11:10:31 PM
2026-07-17
$50.00
7/3/2026, 11:10:31 PM
2026-07-24
$52.00
7/3/2026, 11:10:31 PM
2026-07-31
$52.00
7/3/2026, 11:10:31 PM
2026-08-07
$55.00
7/3/2026, 11:10:31 PM
2026-08-21
$52.50
7/3/2026, 11:10:31 PM
2026-09-18
$55.00
7/3/2026, 11:10:31 PM
2026-10-16
$55.00
7/3/2026, 11:10:31 PM
2027-01-15
$52.50
7/3/2026, 11:10:31 PM
Selected expiration: 2026-07-10 at max pain $54.00.
CRSP pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
707450
707450
35
1000
494450
495450
38
1600
366950
368550
39
1800
334750
336550
40
2000
302650
304650
41
2400
270850
273250
42
2800
239150
241950
43
3200
207950
211150
44
3600
177450
181050
45
4000
147450
151450
46
4400
120050
124450
47
4900
93650
98550
47.5
5150
80600
85750
48
5400
67900
73300
49
5900
49300
55200
49.5
6150
40900
47050
50
6400
33000
39400
51
7500
22200
29700
52
8700
12100
20800
53
11800
5800
17600
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.