This page reflects CTGO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — CTGO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $20.00 (3.32 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$1.70
±10.2%
Days to Expiry
14
Calendar days
Total Call OI
6,336
Nearest expiry
Total Put OI
1,577
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$16.68
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$17.50
8/21/2026, 11:09:08 PM
2026-09-18
$20.00
9/18/2026, 11:09:53 PM
2026-10-16NextUpdated
$20.00
10/2/2026, 11:10:45 PM
2026-11-20
$17.50
10/2/2026, 11:10:45 PM
2027-01-15
$17.50
10/2/2026, 11:10:45 PM
2027-04-16
$17.50
10/2/2026, 11:10:45 PM
Selected expiration: 2026-10-16 at max pain $20.00.
CTGO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
2023750
2023750
7.5
0
1640750
1640750
10
500
1257750
1258250
12.5
1750
874750
876500
15
4500
491750
496250
17.5
18750
183750
202500
20
115750
85500
201250
22.5
1299500
36250
1335750
25
2560750
0
2560750
30
5351250
0
5351250
35
8224750
0
8224750
40
11346250
0
11346250
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.