This page reflects CVCO 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 — CVCO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $530.00 (68.73 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$530.00
Nearest expiry
Expected Move
±$20.45
±3.4%
Days to Expiry
15
Calendar days
Total Call OI
30
Nearest expiry
Total Put OI
22
Nearest expiry
P/C OI Ratio
0.73
Put-heavy
Spot Price
$598.73
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
$460.00
5/15/2026, 11:10:55 PM
2026-06-18
$490.00
6/18/2026, 11:11:19 PM
2026-07-17NextUpdated
$530.00
7/3/2026, 11:09:43 PM
2026-09-18
$460.00
7/3/2026, 11:09:43 PM
2026-12-18
$350.00
7/3/2026, 11:09:43 PM
2027-01-15
$350.00
7/3/2026, 11:09:43 PM
Selected expiration: 2026-07-17 at max pain $530.00.
CVCO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
500
0
17000
17000
510
0
5000
5000
530
0
1000
1000
540
1000
0
1000
580
5000
0
5000
600
7000
0
7000
610
9000
0
9000
620
12000
0
12000
650
24000
0
24000
660
30000
0
30000
680
44000
0
44000
690
53000
0
53000
720
83000
0
83000
730
103000
0
103000
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.