Max Pain — ALM
Data as of market close Apr 2, 2026
ALM Max Pain Data
- Max Pain Strike
- $15.00
- Expected Move
- ±$2.17 (±14.2%)
- Days to Expiry
- 15
- Total Call OI
- 3,760
- Total Put OI
- 682
- Put/Call OI Ratio
- 0.18
- Spot Price
- $15.36
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $15.00 | 4/3/2026, 4:08:52 AM |
| 2026-05-15 | $17.50 | 4/3/2026, 4:08:52 AM |
| 2026-08-21 | $15.00 | 4/3/2026, 4:08:52 AM |
| 2026-11-20 | $7.50 | 4/3/2026, 4:08:52 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 5 | 0 | 654500 | 654500 |
| 7.5 | 1250 | 485000 | 486250 |
| 10 | 3750 | 315500 | 319250 |
| 12.5 | 6750 | 162250 | 169000 |
| 15 | 12500 | 57500 | 70000 |
| 17.5 | 50250 | 24750 | 75000 |
| 20 | 648750 | 2500 | 651250 |
| 22.5 | 1345000 | 750 | 1345750 |
| 25 | 2112750 | 0 | 2112750 |
| 30 | 3744750 | 0 | 3744750 |
| 40 | 7383750 | 0 | 7383750 |
View max pain levels for ALM 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.