Free CHD Max Pain - Church & Dwight Max Pain
Use free CHD Max Pain to find the candidate strike with the lowest combined call and put intrinsic value for Church & Dwight at one selected expiration. Compare the full pain curve alongside business context that includes consumer demand, pricing, input costs, and distribution trends.
How to use the CHD Max Pain tool
Confirm CHD
CHD is already entered. Keep it or search another ticker.
Choose an expiration
Select the expiration you want the calculation to use.
Calculate Max Pain
Generate the result, then compare Max Pain with price and the full pain chart.
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What is Max Pain?
Max Pain is the strike price at which option sellers (market makers) would lose the least amount of money if the stock expired at that price. The theory suggests stocks tend to gravitate toward this price near expiration.
Chart Legend:
- Green bars: Call option pain per strike
- Red bars: Put option pain per strike
- Blue line: Max Pain strike
- Red line: Current underlying price
Key levels
CHD max pain in detail
Computed
Spot
$107.28
Max pain strike
$95
11.4% below spot
Expiration
2026-11-20
Lowest total pain by strike
| Strike | Call pain | Put pain | Total |
|---|---|---|---|
| $95 | $255K | $181K | $436K |
| $90 | $166K | $307K | $472K |
| $100 | $395K | $108K | $503K |
| $85 | $136K | $488K | $624K |
| $105 | $614K | $68K | $682K |
Reviewed by the QuantWheel research team. Computed from listed CHD open interest for the expiration shown; a reference level, not a forecast. Read how we compute CHD max pain.
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Understanding CHD Max Pain
The CHD options chain represents Church & Dwight. Evaluate its open-interest distribution alongside business context that includes consumer demand, pricing, input costs, and distribution trends. Compare Max Pain across available expirations because the distribution can differ from one expiration to another.
For CHD, the calculator tests each candidate strike against call and put open interest for the selected expiration. Review the full curve with the result. The calculation describes the selected chain and does not predict where Church & Dwight will trade.
How the CHD Max Pain calculation works
QuantWheel tests each strike as a possible expiration price. It adds the intrinsic value of open calls and puts at that price, weighted by open interest and the contract multiplier. The strike with the lowest combined value is displayed as CHD Max Pain.
This calculation uses the selected options chain. It does not measure dealer inventory, intent, future order flow or the probability that CHD will finish at the calculated strike.
Related CHD options tools
Compare expiration pain with the CHD GEX chart or review CHD gamma by strike and expiration.
CHD Max Pain FAQ
What is CHD Max Pain?
CHD Max Pain is the candidate expiration price where the combined intrinsic value of outstanding CHD calls and puts is lowest for the selected expiration. It is a calculation based on open interest, not a prediction of where CHD will trade.
How is CHD Max Pain calculated?
For each candidate price, QuantWheel calculates call and put intrinsic value across the selected CHD options chain, multiplies each value by open interest and the 100-share contract multiplier, then adds the totals. The candidate price with the lowest combined total is the Max Pain strike.
Which CHD expiration should I select?
Select the exact CHD expiration you want to examine. Weekly and monthly expirations can have different open-interest distributions, so compare them separately instead of applying one result to every date.
How should I use CHD Max Pain?
Compare the calculated strike with CHD price and the full call and put pain chart for the same expiration. Use it as expiration context alongside liquidity, gamma exposure and your own risk plan rather than as a standalone trading signal.
Is CHD Max Pain a price target?
No. CHD Max Pain does not forecast price and does not prove that traders or market makers will move CHD toward a particular strike. News, volatility, liquidity and positioning can outweigh any expiration-related pinning effect.
Is the CHD Max Pain calculator free?
Yes. QuantWheel provides a limited number of free CHD Max Pain calculations. The calculator shows how many free calculations remain before you run another expiration.