thetaOwl

CRUS

Cirrus Logic, Inc.Close $116.88EOD only
Max Pain
$130.00
Next expiry Aug 21, 2026
Expected Move
±$0.75
0.6% from close
Price Gap
+13.12
Distance to max pain
IV Rank
25
Middle-high premium
P/C OI
0.36
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects CRUS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 18, 2026 close
Max Pain — CRUS
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $130.00 (13.12 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$0.75
±0.6%
Days to Expiry
3
Calendar days
Total Call OI
518
Nearest expiry
Total Put OI
367
Nearest expiry
P/C OI Ratio
0.71
Put-heavy
Spot Price
$116.88
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$135.006/18/2026, 11:09:34 PM
2026-07-17$145.007/17/2026, 11:10:38 PM
2026-08-21NextUpdated$130.008/18/2026, 11:09:45 PM
2026-09-18$130.008/18/2026, 11:09:45 PM
2026-11-20$130.008/18/2026, 11:09:45 PM
2026-12-18$115.008/18/2026, 11:09:45 PM
2027-03-19$100.008/18/2026, 11:09:45 PM
Selected expiration: 2026-08-21 at max pain $130.00.
CRUS pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
95010750001075000
1000893000893000
10515000717000732000
11030500542000572500
11565500372000437500
120100500223000323500
125144000131000275000
13019650050000246500
13525400031000285000
14032350015500339000
1454445000444500
1505815000581500
1557320000732000
1608905000890500
165106250001062500
170128900001289000
175152000001520000
180175200001752000
185198800001988000
190222600002226000
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.