CPS TECHNOLOGIES CORP/DE/ (CPSH) Max Pain

The max pain price for CPS TECHNOLOGIES CORP/DE/ (CPSH) options is $5, 1.3% above the last close of $4.94. Max pain is the strike where the combined payout to all CPSH option holders would be smallest at expiration — this page explains how it is computed, where it sits today, and how it has moved over the past year.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$4.94
52-week range
$2.49 – $12.16
ATM IV (30d)
142.1%
IV rank
24 / 100
Low
Expected move
±$0.97 (±19.7%)
Put/call OI
0.37
Call-heavy
Max pain
$5
↑ 1.3% above close
Next earnings
Aug 4, 2026

CPSH Max Pain vs. Share Price

$1.52$4.42$7.32$10.22$13.12Max painCloseJul '25Jan '26Jul '26

CPSH daily max pain strike and closing price, past year.

Max pain strike$5
Last close$4.94
Distance to spot1.3% above spot
Call wall (largest call OI)$10
Put wall (largest put OI)$5
Top volume strike$5

$5 is the strike where the combined payout to all option holders would be smallest at expiration — 1.3% above the last close of $4.94. With max pain sitting this close to the share price, option positioning currently points at the area where the stock already trades. Max pain has risen from $2.5 in Feb '26 to $5 today.

How it works: for every strike, sum what all open CPSH calls and puts would pay out if the stock closed exactly there at expiration. The strike with the smallest total payout is max pain. Because it is driven by open interest, it moves as positions are opened and closed — it is a map of positioning, not a price target.

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CPSH Options FAQ

What is the max pain price for CPSH options?

The max pain price for CPSH is $5 as of Jul 10, 2026. Max pain is the strike at which the total payout to option holders would be smallest if all contracts expired immediately.

How is CPSH max pain calculated?

For every strike, OptiView sums what all open CPSH call and put contracts would pay out if the stock closed exactly there at expiration. The strike with the smallest total payout is max pain — it is recomputed every trading day from open interest across all listed expirations.

Does CPSH stock really move toward max pain?

Max pain describes option positioning, not a forecast. CPSH's max pain of $5 currently sits 1.3% above the share price as of Jul 10, 2026. Prices sometimes drift toward heavy open-interest strikes near expiration as hedges unwind, but the effect is neither reliable nor tradable on its own.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.