Max Pain — DOW
Data as of market close Apr 2, 2026
DOW Max Pain Data
- Max Pain Strike
- $39.50
- Expected Move
- ±$1.11 (±2.7%)
- Days to Expiry
- 8
- Total Call OI
- 5,476
- Total Put OI
- 4,796
- Put/Call OI Ratio
- 0.88
- Spot Price
- $41.40
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $34.00 | 3/27/2026, 2:22:44 PM |
| 2026-04-02 | $38.00 | 4/1/2026, 6:37:48 PM |
| 2026-04-10 | $39.50 | 4/3/2026, 12:23:48 AM |
| 2026-04-17 | $35.00 | 4/3/2026, 12:23:48 AM |
| 2026-04-24 | $36.00 | 4/3/2026, 12:23:48 AM |
| 2026-05-01 | $37.50 | 4/3/2026, 12:23:48 AM |
| 2026-05-08 | $40.00 | 4/3/2026, 12:23:48 AM |
| 2026-05-15 | $35.00 | 4/3/2026, 12:23:48 AM |
| 2026-06-18 | $30.00 | 4/3/2026, 12:23:48 AM |
| 2026-09-18 | $25.00 | 4/3/2026, 12:23:48 AM |
| 2026-12-18 | $30.00 | 4/3/2026, 12:23:48 AM |
| 2027-01-15 | $30.00 | 4/3/2026, 12:23:48 AM |
| 2027-03-19 | $35.00 | 4/3/2026, 12:23:48 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 20 | 0 | 8724950 | 8724950 |
| 23 | 600 | 7286150 | 7286750 |
| 24 | 900 | 6806550 | 6807450 |
| 25 | 1500 | 6326950 | 6328450 |
| 25.5 | 2100 | 6087300 | 6089400 |
| 26 | 3000 | 5847750 | 5850750 |
| 26.5 | 3950 | 5609250 | 5613200 |
| 27 | 5000 | 5370800 | 5375800 |
| 27.5 | 6300 | 5132650 | 5138950 |
| 28 | 7700 | 4894650 | 4902350 |
| 28.5 | 9800 | 4656800 | 4666600 |
| 29 | 12150 | 4419050 | 4431200 |
| 29.5 | 14700 | 4181850 | 4196550 |
| 30 | 17250 | 3944800 | 3962050 |
| 30.5 | 20350 | 3708500 | 3728850 |
| 31 | 27550 | 3473800 | 3501350 |
| 31.5 | 35350 | 3239450 | 3274800 |
| 32 | 43850 | 3005450 | 3049300 |
| 32.5 | 53350 | 2774650 | 2828000 |
| 33 | 68100 | 2545500 | 2613600 |
View max pain levels for DOW 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.