Max Pain — AAL
Data as of market close Apr 2, 2026
AAL Max Pain Data
- Max Pain Strike
- $11.00
- Expected Move
- ±$0.18 (±1.6%)
- Days to Expiry
- 0
- Total Call OI
- 72,595
- Total Put OI
- 80,465
- Put/Call OI Ratio
- 1.11
- Spot Price
- $10.84
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $10.50 | 3/26/2026, 11:42:18 PM |
| 2026-04-02 | $11.00 | 4/2/2026, 11:43:43 PM |
| 2026-04-10 | $11.00 | 4/3/2026, 4:03:14 AM |
| 2026-04-17 | $12.00 | 4/3/2026, 4:03:14 AM |
| 2026-04-24 | $11.00 | 4/3/2026, 4:03:14 AM |
| 2026-05-01 | $10.50 | 4/3/2026, 4:03:14 AM |
| 2026-05-08 | $11.50 | 4/3/2026, 4:03:14 AM |
| 2026-05-15 | $14.00 | 4/3/2026, 4:03:14 AM |
| 2026-06-18 | $12.00 | 4/3/2026, 4:03:14 AM |
| 2026-07-17 | $11.00 | 4/3/2026, 4:03:14 AM |
| 2026-08-21 | $13.00 | 4/3/2026, 4:03:14 AM |
| 2026-09-18 | $12.00 | 4/3/2026, 4:03:14 AM |
| 2026-11-20 | $11.00 | 4/3/2026, 4:03:14 AM |
| 2026-12-18 | $14.00 | 4/3/2026, 4:03:14 AM |
| 2027-01-15 | $12.00 | 4/3/2026, 4:03:14 AM |
| 2027-03-19 | $10.00 | 4/3/2026, 4:03:14 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 5 | 0 | 39171050 | 39171050 |
| 6 | 83900 | 31124550 | 31208450 |
| 7 | 268700 | 23078050 | 23346750 |
| 8 | 467700 | 15060050 | 15527750 |
| 8.5 | 584900 | 11086350 | 11671250 |
| 9 | 703250 | 7522100 | 8225350 |
| 9.5 | 836100 | 4627000 | 5463100 |
| 10 | 974750 | 2042450 | 3017200 |
| 10.5 | 1168200 | 723750 | 1891950 |
| 11 | 1652350 | 100950 | 1753300 |
| 11.5 | 2754600 | 33950 | 2788550 |
| 12 | 4713700 | 22900 | 4736600 |
| 12.5 | 7482200 | 20750 | 7502950 |
| 13 | 10828950 | 18900 | 10847850 |
| 13.5 | 14238600 | 17200 | 14255800 |
| 14 | 17688250 | 15550 | 17703800 |
| 14.5 | 21247050 | 14000 | 21261050 |
| 15 | 24824450 | 12550 | 24837000 |
| 15.5 | 28430350 | 11350 | 28441700 |
| 16 | 32050350 | 10200 | 32060550 |
View max pain levels for AAL 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.