thetaOwl

CXW

CoreCivic, Inc.Close $32.40EOD only
Max Pain
$29.00
Next expiry Aug 21, 2026
Expected Move
±$1.38
4.2% from close
Price Gap
-3.40
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.35
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects CXW options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 18, 2026 close
Max Pain — CXW
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $29.00 (3.40 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$29.00
Nearest expiry
Expected Move
±$1.38
±4.2%
Days to Expiry
3
Calendar days
Total Call OI
49,617
Nearest expiry
Total Put OI
2,445
Nearest expiry
P/C OI Ratio
0.05
Put-heavy
Spot Price
$32.40
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$17.006/18/2026, 11:13:31 PM
2026-07-17$21.007/17/2026, 11:11:15 PM
2026-08-21NextUpdated$29.008/18/2026, 11:10:33 PM
2026-09-18$20.008/18/2026, 11:10:33 PM
2026-11-20$25.008/18/2026, 11:10:33 PM
2026-12-18$25.008/18/2026, 11:10:33 PM
2027-01-15$17.008/18/2026, 11:10:33 PM
2027-03-19$32.008/18/2026, 11:10:33 PM
Selected expiration: 2026-08-21 at max pain $29.00.
CXW pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
16039593003959300
2150027368002737300
221060024923002502900
232160022485002270100
244390020082002052100
257200017689001840900
2610240015400001642400
2713930013158001455100
2817680010926001269400
292209008715001092400
3011155006544001769900
3129652004858003451000
3251792003543005533500
3377751002506008025700
341065160017250010824100
35153198009610015415900
36201873004700020234300
3725070400025070400
3830019500030019500
3934970100034970100
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.