Max Pain — CME
Data as of market close Apr 2, 2026
CME Max Pain Data
- Max Pain Strike
- $297.50
- Expected Move
- ±$7.47 (±2.5%)
- Days to Expiry
- 8
- Total Call OI
- 676
- Total Put OI
- 403
- Put/Call OI Ratio
- 0.60
- Spot Price
- $305.11
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $305.00 | 3/27/2026, 2:16:26 PM |
| 2026-04-02 | $300.00 | 4/1/2026, 6:24:07 PM |
| 2026-04-10 | $297.50 | 4/3/2026, 12:11:31 AM |
| 2026-04-17 | $300.00 | 4/3/2026, 12:11:31 AM |
| 2026-04-24 | $310.00 | 4/3/2026, 12:11:31 AM |
| 2026-05-01 | $295.00 | 4/3/2026, 12:11:31 AM |
| 2026-05-15 | $300.00 | 4/3/2026, 12:11:31 AM |
| 2026-06-18 | $280.00 | 4/3/2026, 12:11:31 AM |
| 2026-09-18 | $300.00 | 4/3/2026, 12:11:31 AM |
| 2026-12-18 | $290.00 | 4/3/2026, 12:11:31 AM |
| 2027-01-15 | $250.00 | 4/3/2026, 12:11:31 AM |
| 2027-03-19 | $270.00 | 4/3/2026, 12:11:31 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 205 | 0 | 2785750 | 2785750 |
| 210 | 0 | 2585750 | 2585750 |
| 250 | 0 | 997750 | 997750 |
| 260 | 0 | 770750 | 770750 |
| 265 | 0 | 657750 | 657750 |
| 270 | 0 | 545250 | 545250 |
| 280 | 0 | 324250 | 324250 |
| 285 | 0 | 216750 | 216750 |
| 290 | 0 | 115250 | 115250 |
| 292.5 | 0 | 84750 | 84750 |
| 295 | 0 | 55500 | 55500 |
| 297.5 | 6000 | 30750 | 36750 |
| 300 | 64750 | 6000 | 70750 |
| 305 | 199750 | 1500 | 201250 |
| 307.5 | 270500 | 750 | 271250 |
| 310 | 342750 | 500 | 343250 |
| 312.5 | 421250 | 250 | 421500 |
| 315 | 500250 | 0 | 500250 |
| 320 | 802750 | 0 | 802750 |
| 325 | 1108250 | 0 | 1108250 |
View max pain levels for CME 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.