This page reflects CSX 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 — CSX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $45.00 (3.89 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$0.53
±1.1%
Days to Expiry
8
Calendar days
Total Call OI
1,449
Nearest expiry
Total Put OI
540
Nearest expiry
P/C OI Ratio
0.37
Put-heavy
Spot Price
$48.89
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
$47.00
6/26/2026, 11:10:26 PM
2026-07-02
$47.50
7/2/2026, 11:11:26 PM
2026-07-10NextUpdated
$45.00
7/3/2026, 11:04:01 PM
2026-07-17
$45.00
7/3/2026, 11:04:01 PM
2026-07-24
$44.00
7/3/2026, 11:04:01 PM
2026-07-31
$47.00
7/3/2026, 11:04:01 PM
2026-08-21
$45.00
7/3/2026, 11:04:01 PM
2026-09-18
$40.00
7/3/2026, 11:04:01 PM
2026-11-20
$45.00
7/3/2026, 11:04:01 PM
2026-12-18
$35.00
7/3/2026, 11:04:01 PM
2027-01-15
$40.00
7/3/2026, 11:04:01 PM
2027-03-19
$40.00
7/3/2026, 11:04:01 PM
2027-06-17
$32.50
7/3/2026, 11:04:01 PM
Selected expiration: 2026-07-10 at max pain $45.00.
CSX pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
246000
246000
42
4000
138000
142000
42.5
5150
111050
116200
43
6300
84300
90600
44
8600
50200
58800
44.5
10000
33200
43200
45
12950
17400
30350
45.5
19050
12650
31700
46
25750
8050
33800
46.5
33200
4700
37900
47
41000
1400
42400
47.5
49300
700
50000
48
58050
0
58050
48.5
77650
0
77650
49
97650
0
97650
49.5
157000
0
157000
50
218200
0
218200
51
361500
0
361500
53
648300
0
648300
54
791700
0
791700
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.