Max Pain — ARE
Data as of market close Apr 2, 2026
ARE Max Pain Data
- Max Pain Strike
- $50.00
- Expected Move
- ±$3.35 (±7.8%)
- Days to Expiry
- 15
- Total Call OI
- 11,059
- Total Put OI
- 6,508
- Put/Call OI Ratio
- 0.59
- Spot Price
- $43.23
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $50.00 | 4/2/2026, 11:53:35 PM |
| 2026-05-15 | $52.50 | 4/2/2026, 11:53:35 PM |
| 2026-07-17 | $52.50 | 4/2/2026, 11:53:35 PM |
| 2026-10-16 | $60.00 | 4/2/2026, 11:53:35 PM |
| 2027-01-15 | $60.00 | 4/2/2026, 11:53:35 PM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 25 | 0 | 13707500 | 13707500 |
| 27.5 | 250 | 12090500 | 12090750 |
| 30 | 500 | 10483750 | 10484250 |
| 32.5 | 1500 | 8880000 | 8881500 |
| 35 | 2500 | 7314750 | 7317250 |
| 37.5 | 3500 | 5897500 | 5901000 |
| 40 | 4500 | 4517250 | 4521750 |
| 42.5 | 17000 | 3274750 | 3291750 |
| 45 | 38250 | 2164250 | 2202500 |
| 47.5 | 241000 | 1373500 | 1614500 |
| 50 | 519250 | 711750 | 1231000 |
| 52.5 | 1063750 | 229500 | 1293250 |
| 55 | 1899000 | 139250 | 2038250 |
| 57.5 | 3141750 | 112500 | 3254250 |
| 60 | 4465000 | 94750 | 4559750 |
| 62.5 | 6137000 | 83500 | 6220500 |
| 65 | 7845250 | 72500 | 7917750 |
| 67.5 | 9739500 | 62250 | 9801750 |
| 70 | 11646750 | 52750 | 11699500 |
| 72.5 | 13872750 | 43250 | 13916000 |
View max pain levels for ARE 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.