Max Pain — DVN
Data as of market close Apr 2, 2026
DVN Max Pain Data
- Max Pain Strike
- $50.00
- Expected Move
- ±$2.39 (±4.8%)
- Days to Expiry
- 8
- Total Call OI
- 8,954
- Total Put OI
- 6,498
- Put/Call OI Ratio
- 0.73
- Spot Price
- $49.49
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $48.00 | 3/27/2026, 2:23:16 PM |
| 2026-04-02 | $49.50 | 4/1/2026, 6:38:53 PM |
| 2026-04-10 | $50.00 | 4/3/2026, 12:24:42 AM |
| 2026-04-17 | $40.00 | 4/3/2026, 12:24:42 AM |
| 2026-04-24 | $48.00 | 4/3/2026, 12:24:42 AM |
| 2026-05-01 | $49.00 | 4/3/2026, 12:24:42 AM |
| 2026-05-15 | $42.50 | 4/3/2026, 12:24:42 AM |
| 2026-06-18 | $37.50 | 4/3/2026, 12:24:42 AM |
| 2026-07-17 | $42.50 | 4/3/2026, 12:24:42 AM |
| 2026-09-18 | $37.50 | 4/3/2026, 12:24:42 AM |
| 2026-10-16 | $40.00 | 4/3/2026, 12:24:42 AM |
| 2026-12-18 | $40.00 | 4/3/2026, 12:24:42 AM |
| 2027-01-15 | $37.50 | 4/3/2026, 12:24:42 AM |
| 2027-03-19 | $47.50 | 4/3/2026, 12:24:42 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 30 | 0 | 12233750 | 12233750 |
| 35 | 0 | 8984750 | 8984750 |
| 36 | 0 | 8334950 | 8334950 |
| 37 | 0 | 7689150 | 7689150 |
| 38 | 0 | 7043350 | 7043350 |
| 39 | 0 | 6398050 | 6398050 |
| 40 | 200 | 5752850 | 5753050 |
| 41 | 900 | 5117750 | 5118650 |
| 42 | 3900 | 4486950 | 4490850 |
| 43 | 11600 | 3858850 | 3870450 |
| 43.5 | 18300 | 3548350 | 3566650 |
| 44 | 25000 | 3237900 | 3262900 |
| 44.5 | 37050 | 2938950 | 2976000 |
| 45 | 49550 | 2640000 | 2689550 |
| 45.5 | 71850 | 2353950 | 2425800 |
| 46 | 94250 | 2070250 | 2164500 |
| 46.5 | 124550 | 1795350 | 1919900 |
| 47 | 154850 | 1522200 | 1677050 |
| 47.5 | 193500 | 1253550 | 1447050 |
| 48 | 232300 | 988200 | 1220500 |
View max pain levels for DVN 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.