Max Pain — CL
Data as of market close Apr 2, 2026
CL Max Pain Data
- Max Pain Strike
- $87.00
- Expected Move
- ±$2.10 (±2.5%)
- Days to Expiry
- 8
- Total Call OI
- 859
- Total Put OI
- 265
- Put/Call OI Ratio
- 0.31
- Spot Price
- $85.14
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $80.00 | 3/27/2026, 2:15:50 PM |
| 2026-04-02 | $85.00 | 4/1/2026, 6:22:59 PM |
| 2026-04-10 | $87.00 | 4/3/2026, 12:10:35 AM |
| 2026-04-17 | $90.00 | 4/3/2026, 12:10:35 AM |
| 2026-04-24 | $85.00 | 4/3/2026, 12:10:35 AM |
| 2026-05-01 | $87.00 | 4/3/2026, 12:10:35 AM |
| 2026-05-08 | $82.00 | 4/3/2026, 12:10:35 AM |
| 2026-05-15 | $85.00 | 4/3/2026, 12:10:35 AM |
| 2026-06-18 | $90.00 | 4/3/2026, 12:10:35 AM |
| 2026-08-21 | $90.00 | 4/3/2026, 12:10:35 AM |
| 2026-09-18 | $100.00 | 4/3/2026, 12:10:35 AM |
| 2026-11-20 | $85.00 | 4/3/2026, 12:10:35 AM |
| 2026-12-18 | $80.00 | 4/3/2026, 12:10:35 AM |
| 2027-01-15 | $80.00 | 4/3/2026, 12:10:35 AM |
| 2027-03-19 | $90.00 | 4/3/2026, 12:10:35 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 75 | 0 | 256200 | 256200 |
| 78 | 0 | 177000 | 177000 |
| 79 | 0 | 150700 | 150700 |
| 80 | 0 | 124900 | 124900 |
| 81 | 100 | 99700 | 99800 |
| 82 | 300 | 75300 | 75600 |
| 83 | 500 | 52600 | 53100 |
| 84 | 800 | 33900 | 34700 |
| 85 | 1800 | 21200 | 23000 |
| 86 | 3600 | 12600 | 16200 |
| 87 | 6700 | 4800 | 11500 |
| 88 | 15400 | 3500 | 18900 |
| 89 | 51800 | 2300 | 54100 |
| 90 | 89800 | 1700 | 91500 |
| 91 | 156600 | 1200 | 157800 |
| 92 | 224600 | 800 | 225400 |
| 93 | 293600 | 400 | 294000 |
| 94 | 363400 | 0 | 363400 |
| 95 | 433400 | 0 | 433400 |
| 96 | 504000 | 0 | 504000 |
View max pain levels for CL 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.