Calamos Nasdaq-100 Structured Alt Protection ETF – June (CPNJ) Max Pain Analysis

Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.

Calamos Nasdaq-100 Structured Alt Protection ETF – June (CPNJ) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $40.0M, listed on AMEX, carrying a beta of 0.22 to the broader market. This Calamos ETF series is engineered to allow investors to participate in the positive price appreciation of the Nasdaq-100 index. public since 2024-06-03.

Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for CPNJ as of 2026-07-17; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how max pain is reported and how to read the data →