This page reflects CSGP 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 — CSGP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $35.00 (5.00 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$2.47
±8.3%
Days to Expiry
15
Calendar days
Total Call OI
5,079
Nearest expiry
Total Put OI
3,041
Nearest expiry
P/C OI Ratio
0.60
Put-heavy
Spot Price
$30.00
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$35.00
5/15/2026, 11:12:18 PM
2026-06-18
$35.00
6/18/2026, 11:08:50 PM
2026-07-17NextUpdated
$35.00
7/3/2026, 11:08:02 PM
2026-08-21
$30.00
7/3/2026, 11:08:02 PM
2026-09-18
$40.00
7/3/2026, 11:08:02 PM
2026-10-16
$35.00
7/3/2026, 11:08:02 PM
2026-12-18
$40.00
7/3/2026, 11:08:02 PM
2027-01-15
$40.00
7/3/2026, 11:08:02 PM
2027-03-19
$35.00
7/3/2026, 11:08:02 PM
2027-06-17
$35.00
7/3/2026, 11:08:02 PM
Selected expiration: 2026-07-17 at max pain $35.00.
CSGP pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
3048500
3048500
22.5
0
2290750
2290750
25
0
1575000
1575000
30
8500
561500
570000
35
315500
12500
328000
40
1050000
500
1050500
45
2996500
0
2996500
50
5045000
0
5045000
55
7139500
0
7139500
60
9296000
0
9296000
65
11625500
0
11625500
70
14073000
0
14073000
75
16611500
0
16611500
80
19150000
0
19150000
85
21689500
0
21689500
100
29308000
0
29308000
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.