Max Pain — CZR
Data as of market close Apr 2, 2026
CZR Max Pain Data
- Max Pain Strike
- $28.00
- Expected Move
- ±$1.00 (±3.8%)
- Days to Expiry
- 8
- Total Call OI
- 629
- Total Put OI
- 696
- Put/Call OI Ratio
- 1.11
- Spot Price
- $26.53
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $20.00 | 3/27/2026, 2:20:36 PM |
| 2026-04-02 | $26.00 | 4/1/2026, 6:33:05 PM |
| 2026-04-10 | $28.00 | 4/3/2026, 12:18:51 AM |
| 2026-04-17 | $26.00 | 4/3/2026, 12:18:51 AM |
| 2026-04-24 | $26.50 | 4/3/2026, 12:18:51 AM |
| 2026-05-01 | $27.50 | 4/3/2026, 12:18:51 AM |
| 2026-05-15 | $26.00 | 4/3/2026, 12:18:51 AM |
| 2026-06-18 | $24.00 | 4/3/2026, 12:18:51 AM |
| 2026-09-18 | $25.00 | 4/3/2026, 12:18:51 AM |
| 2026-12-18 | $28.00 | 4/3/2026, 12:18:51 AM |
| 2027-01-15 | $25.00 | 4/3/2026, 12:18:51 AM |
| 2027-03-19 | $15.00 | 4/3/2026, 12:18:51 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 15 | 0 | 877350 | 877350 |
| 16 | 0 | 807750 | 807750 |
| 16.5 | 100 | 772950 | 773050 |
| 17 | 250 | 738200 | 738450 |
| 19.5 | 1500 | 564450 | 565950 |
| 20 | 1800 | 529700 | 531500 |
| 20.5 | 2150 | 494950 | 497100 |
| 21 | 2500 | 460300 | 462800 |
| 21.5 | 2900 | 425650 | 428550 |
| 22 | 3350 | 391000 | 394350 |
| 22.5 | 3800 | 356450 | 360250 |
| 23 | 4350 | 321900 | 326250 |
| 23.5 | 5000 | 287350 | 292350 |
| 24 | 5800 | 252800 | 258600 |
| 24.5 | 6750 | 218450 | 225200 |
| 25 | 7850 | 185050 | 192900 |
| 25.5 | 10350 | 153000 | 163350 |
| 26 | 15950 | 121550 | 137500 |
| 26.5 | 28150 | 92550 | 120700 |
| 27 | 42550 | 63550 | 106100 |
View max pain levels for CZR options across expiration dates. Max pain marks the strike where the most contracts expire worthless — the point of maximum loss for option holders — along with the full open interest distribution.