Cognizant Technology Solutions Close $58.51EOD only
Max Pain
$55.00
Next expiry Oct 16, 2026
Expected Move
±$4.05
6.9% from close
Price Gap
-3.51
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.79
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects CTSH 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 — CTSH
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $55.00 (3.51 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$4.05
±6.9%
Days to Expiry
14
Calendar days
Total Call OI
10,964
Nearest expiry
Total Put OI
14,527
Nearest expiry
P/C OI Ratio
1.32
Put-heavy
Spot Price
$58.51
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
$55.00
8/21/2026, 11:10:42 PM
2026-09-18
$60.00
9/18/2026, 11:10:30 PM
2026-10-16NextUpdated
$55.00
10/2/2026, 11:09:57 PM
2026-11-20
$60.00
10/2/2026, 11:09:57 PM
2026-12-18
$47.50
10/2/2026, 11:09:57 PM
2027-01-15
$60.00
10/2/2026, 11:09:57 PM
2027-03-19
$62.50
10/2/2026, 11:09:57 PM
2027-04-16
$60.00
10/2/2026, 11:09:57 PM
2027-06-17
$52.50
10/2/2026, 11:09:57 PM
2027-09-17
$50.00
10/2/2026, 11:09:57 PM
Selected expiration: 2026-10-16 at max pain $55.00.
CTSH pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
28876000
28876000
27.5
0
25244750
25244750
30
0
21617000
21617000
32.5
0
17997000
17997000
35
0
14377000
14377000
37.5
500
10781750
10782250
40
2500
7358000
7360500
42.5
24500
5997750
6022250
45
46500
4770000
4816500
47.5
181250
3734750
3916000
50
550750
2748250
3299000
52.5
1013750
1809750
2823500
55
1632000
1000500
2632500
57.5
2796250
603250
3399500
60
4100750
348750
4449500
62.5
5736750
170500
5907250
65
7721000
71000
7792000
67.5
10008250
3500
10011750
70
12566250
0
12566250
72.5
15222750
0
15222750
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.