Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Carlisle Companies options about one week from expiration was $362.15. The chart above shows the exact max pain for each expiration date.

Carlisle Companies closed above its near-term max pain on 11 of the last 20 trading days. On Nov 4, 2026 it closed at $398.85, 10.1% above max pain of $362.15.

Over the last 20 trading days, near-term max pain for Carlisle Companies ranged from $320.00 to $373.42. It went from $330.32 on Oct 8, 2026 to $362.15 on Nov 4, 2026. See the CSL max pain history for a longer view.

Carlisle Companies Inc is a holding company that manufactures and sells single-ply roofing products and warranted systems and accessories for the commercial building industry.