Max Pain — AX
Data as of market close Apr 2, 2026
AX Max Pain Data
- Max Pain Strike
- $87.50
- Expected Move
- ±$5.42 (±6.4%)
- Days to Expiry
- 15
- Total Call OI
- 180
- Total Put OI
- 634
- Put/Call OI Ratio
- 3.52
- Spot Price
- $85.36
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $87.50 | 4/2/2026, 11:57:20 PM |
| 2026-05-15 | $87.50 | 4/2/2026, 11:57:20 PM |
| 2026-07-17 | $75.00 | 4/2/2026, 11:57:20 PM |
| 2026-08-21 | $82.50 | 4/2/2026, 11:57:20 PM |
| 2026-10-16 | $100.00 | 4/2/2026, 11:57:20 PM |
| 2027-01-15 | $80.00 | 4/2/2026, 11:57:20 PM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 40 | 0 | 2141250 | 2141250 |
| 42.5 | 0 | 1983250 | 1983250 |
| 45 | 0 | 1825750 | 1825750 |
| 47.5 | 0 | 1668750 | 1668750 |
| 50 | 0 | 1512250 | 1512250 |
| 55 | 0 | 1200250 | 1200250 |
| 60 | 2500 | 889750 | 892250 |
| 65 | 10000 | 580750 | 590750 |
| 67.5 | 14000 | 427000 | 441000 |
| 70 | 18000 | 273500 | 291500 |
| 72.5 | 22750 | 226500 | 249250 |
| 75 | 27500 | 180250 | 207750 |
| 77.5 | 33500 | 140250 | 173750 |
| 80 | 39500 | 101750 | 141250 |
| 82.5 | 46750 | 65250 | 112000 |
| 85 | 54250 | 33250 | 87500 |
| 87.5 | 63250 | 8000 | 71250 |
| 90 | 73750 | 4000 | 77750 |
| 92.5 | 88000 | 1750 | 89750 |
| 95 | 106750 | 500 | 107250 |
View max pain levels for AX 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.