Max Pain — CNQ
Data as of market close Apr 2, 2026
CNQ Max Pain Data
- Max Pain Strike
- $48.00
- Expected Move
- ±$2.02 (±4.3%)
- Days to Expiry
- 8
- Total Call OI
- 4,855
- Total Put OI
- 311
- Put/Call OI Ratio
- 0.06
- Spot Price
- $47.53
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $48.50 | 3/27/2026, 2:16:55 PM |
| 2026-04-02 | $48.50 | 4/1/2026, 6:25:15 PM |
| 2026-04-10 | $48.00 | 4/3/2026, 12:12:27 AM |
| 2026-04-17 | $47.50 | 4/3/2026, 12:12:27 AM |
| 2026-04-24 | $46.00 | 4/3/2026, 12:12:27 AM |
| 2026-05-01 | $40.00 | 4/3/2026, 12:12:27 AM |
| 2026-05-15 | $50.00 | 4/3/2026, 12:12:27 AM |
| 2026-06-18 | $35.00 | 4/3/2026, 12:12:27 AM |
| 2026-09-18 | $47.50 | 4/3/2026, 12:12:27 AM |
| 2027-01-15 | $32.50 | 4/3/2026, 12:12:27 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 25 | 0 | 661300 | 661300 |
| 30 | 0 | 508800 | 508800 |
| 37 | 0 | 302300 | 302300 |
| 40 | 0 | 214100 | 214100 |
| 41 | 0 | 184900 | 184900 |
| 42 | 0 | 155800 | 155800 |
| 43 | 0 | 128000 | 128000 |
| 44 | 100 | 100400 | 100500 |
| 45 | 2000 | 73500 | 75500 |
| 45.5 | 3100 | 60800 | 63900 |
| 46 | 4200 | 48150 | 52350 |
| 47 | 8800 | 22850 | 31650 |
| 48 | 23800 | 6250 | 30050 |
| 48.5 | 33900 | 3750 | 37650 |
| 49 | 44550 | 1600 | 46150 |
| 49.5 | 55600 | 800 | 56400 |
| 50 | 69650 | 0 | 69650 |
| 51 | 108550 | 0 | 108550 |
| 52 | 568650 | 0 | 568650 |
| 53 | 1033550 | 0 | 1033550 |
View max pain levels for CNQ 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.