Max Pain — BTI
Data as of market close Apr 2, 2026
BTI Max Pain Data
- Max Pain Strike
- $60.00
- Expected Move
- ±$2.62 (±4.5%)
- Days to Expiry
- 15
- Total Call OI
- 4,573
- Total Put OI
- 5,442
- Put/Call OI Ratio
- 1.19
- Spot Price
- $58.28
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $60.00 | 4/3/2026, 12:04:38 AM |
| 2026-05-15 | $55.00 | 4/3/2026, 12:04:38 AM |
| 2026-06-18 | $55.00 | 4/3/2026, 12:04:38 AM |
| 2026-09-18 | $55.00 | 4/3/2026, 12:04:38 AM |
| 2026-12-18 | $47.00 | 4/3/2026, 12:04:38 AM |
| 2027-01-15 | $50.00 | 4/3/2026, 12:04:38 AM |
| 2027-03-19 | $55.00 | 4/3/2026, 12:04:38 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 30 | 0 | 13910000 | 13910000 |
| 35 | 0 | 11189000 | 11189000 |
| 40 | 6000 | 8468000 | 8474000 |
| 45 | 12000 | 5747000 | 5759000 |
| 50 | 20500 | 3036000 | 3056500 |
| 55 | 32500 | 417500 | 450000 |
| 60 | 70000 | 2000 | 72000 |
| 65 | 1341000 | 1500 | 1342500 |
| 70 | 3553000 | 1000 | 3554000 |
| 75 | 5814500 | 500 | 5815000 |
| 80 | 8101000 | 0 | 8101000 |
| 85 | 10387500 | 0 | 10387500 |
View max pain levels for BTI 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.