Max Pain — BW
Data as of market close Apr 2, 2026
BW Max Pain Data
- Max Pain Strike
- $14.00
- Expected Move
- ±$2.17 (±13.8%)
- Days to Expiry
- 8
- Total Call OI
- 1,046
- Total Put OI
- 104
- Put/Call OI Ratio
- 0.10
- Spot Price
- $15.72
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $15.00 | 3/27/2026, 2:12:34 PM |
| 2026-04-02 | $15.00 | 4/1/2026, 6:16:14 PM |
| 2026-04-10 | $14.00 | 4/3/2026, 12:05:07 AM |
| 2026-04-17 | $12.50 | 4/3/2026, 12:05:07 AM |
| 2026-04-24 | $14.00 | 4/3/2026, 12:05:07 AM |
| 2026-05-01 | $14.00 | 4/3/2026, 12:05:07 AM |
| 2026-05-15 | $5.00 | 4/3/2026, 12:05:07 AM |
| 2026-08-21 | $7.50 | 4/3/2026, 12:05:07 AM |
| 2026-11-20 | $14.00 | 4/3/2026, 12:05:07 AM |
| 2027-01-15 | $2.00 | 4/3/2026, 12:05:07 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 10 | 0 | 40100 | 40100 |
| 10.5 | 0 | 34900 | 34900 |
| 11 | 0 | 30300 | 30300 |
| 12 | 100 | 21100 | 21200 |
| 13 | 3200 | 11900 | 15100 |
| 13.5 | 4750 | 8050 | 12800 |
| 14 | 6300 | 4550 | 10850 |
| 14.5 | 9900 | 2400 | 12300 |
| 15 | 14200 | 250 | 14450 |
| 15.5 | 36000 | 0 | 36000 |
| 16 | 69750 | 0 | 69750 |
| 16.5 | 106700 | 0 | 106700 |
| 17 | 145300 | 0 | 145300 |
| 17.5 | 191800 | 0 | 191800 |
| 18 | 239100 | 0 | 239100 |
| 19 | 343400 | 0 | 343400 |
| 20 | 448000 | 0 | 448000 |
View max pain levels for BW 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.