thetaOwl

CRWD

CrowdStrike Holdings, Inc.Close $193.98EOD only
Max Pain
$600.00
Next expiry Jul 17, 2026
Expected Move
±$8.10
4.2% from close
Price Gap
+406.02
Distance to max pain
IV Rank
0
Low premium
P/C OI
1.01
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects CRWD 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 — CRWD
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $600.00 (406.02 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$600.00
Nearest expiry
Expected Move
±$8.10
±4.2%
Days to Expiry
15
Calendar days
Total Call OI
26,356
Nearest expiry
Total Put OI
25,526
Nearest expiry
P/C OI Ratio
0.97
Put-heavy
Spot Price
$193.98
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-06-26$670.006/26/2026, 11:11:18 PM
2026-07-02$750.007/2/2026, 11:09:30 PM
2026-07-10NextUpdated$695.007/3/2026, 11:09:39 PM
2026-07-17$600.007/3/2026, 11:09:39 PM
2026-07-24$645.007/3/2026, 11:09:39 PM
2026-07-31$680.007/3/2026, 11:09:39 PM
2026-08-07$680.007/3/2026, 11:09:39 PM
2026-08-21$540.007/3/2026, 11:09:39 PM
2026-09-18$520.007/3/2026, 11:09:39 PM
2026-10-16$480.007/3/2026, 11:09:39 PM
2026-11-20$550.007/3/2026, 11:09:39 PM
2026-12-18$440.007/3/2026, 11:09:39 PM
2027-01-15$450.007/3/2026, 11:09:39 PM
2027-03-19$450.007/3/2026, 11:09:39 PM
2027-06-17$440.007/3/2026, 11:09:39 PM
Selected expiration: 2026-07-17 at max pain $600.00.
CRWD pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
1800713084750713084750
1852500700524750700527250
1905000688631250688636250
19523000677106750677129750
20041000665885250665926250
21077000644277250644354250
220136000622669250622805250
230195000601061250601256250
240268000579453250579721250
250342000557845250558187250
260423000536237250536660250
270509000514629250515138250
280615000493021250493636250
290726000471559250472285250
300858000450592250451450250
3101005000429920250430925250
3201189000410202250411391250
3301394000390902250392296250
3401615000372061250373676250
3501880000354388250356268250
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.