Nearest listed expiration 2026-10-09 shows max pain at $63.00 (0.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$63.00
Nearest expiry
Expected Move
±$4.05
±6.3%
Days to Expiry
7
Calendar days
Total Call OI
10,535
Nearest expiry
Total Put OI
8,405
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$63.77
Published close
Consensus
6.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$65.00
9/25/2026, 11:11:11 PM
2026-10-02Updated
$62.00
10/2/2026, 11:11:28 PM
2026-10-09Next
$63.00
10/2/2026, 11:11:28 PM
2026-10-16
$66.00
10/2/2026, 11:11:28 PM
2026-10-23
$65.00
10/2/2026, 11:11:28 PM
2026-10-30
$63.00
10/2/2026, 11:11:28 PM
2026-11-06
$63.00
10/2/2026, 11:11:28 PM
2026-11-20
$68.00
10/2/2026, 11:11:28 PM
2026-12-18
$70.00
10/2/2026, 11:11:28 PM
2027-01-15
$72.00
10/2/2026, 11:11:28 PM
2027-02-19
$70.00
10/2/2026, 11:11:28 PM
2027-03-19
$74.00
10/2/2026, 11:11:28 PM
2027-05-21
$70.00
10/2/2026, 11:11:28 PM
2027-06-17
$75.00
10/2/2026, 11:11:28 PM
Selected expiration: 2026-10-09 at max pain $63.00.
CVNA pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
20989300
20989300
45
2500
16037800
16040300
50
5000
11168800
11173800
51
47500
10207800
10255300
52
90000
9247700
9337700
53
132600
8289900
8422500
54
179200
7346200
7525400
55
230400
6431300
6661700
56
303900
5602700
5906600
57
381900
4811500
5193400
58
462400
4175400
4637800
59
550800
3580700
4131500
60
656900
3012800
3669700
61
769700
2534100
3303800
62
928300
2109100
3037400
63
1176600
1756000
2932600
64
1540500
1461600
3002100
65
1957300
1191900
3149200
66
2478200
950900
3429100
67
3088900
728300
3817200
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.