Max Pain — CMS
Data as of market close Apr 2, 2026
CMS Max Pain Data
- Max Pain Strike
- $75.00
- Expected Move
- ±$0.55 (±0.7%)
- Days to Expiry
- 15
- Total Call OI
- 979
- Total Put OI
- 64
- Put/Call OI Ratio
- 0.07
- Spot Price
- $78.58
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $75.00 | 4/3/2026, 12:11:59 AM |
| 2026-05-15 | $75.00 | 4/3/2026, 12:11:59 AM |
| 2026-06-18 | $70.00 | 4/3/2026, 12:11:59 AM |
| 2026-09-18 | $75.00 | 4/3/2026, 12:11:59 AM |
| 2026-12-18 | $70.00 | 4/3/2026, 12:11:59 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 65 | 0 | 38500 | 38500 |
| 70 | 0 | 7500 | 7500 |
| 75 | 0 | 0 | 0 |
| 80 | 287500 | 0 | 287500 |
View max pain levels for CMS 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.