Max Pain — ERO
Data as of market close Apr 2, 2026
ERO Max Pain Data
- Max Pain Strike
- $22.50
- Expected Move
- ±$3.10 (±11.0%)
- Days to Expiry
- 15
- Total Call OI
- 18,742
- Total Put OI
- 6,978
- Put/Call OI Ratio
- 0.37
- Spot Price
- $28.10
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $22.50 | 4/3/2026, 12:28:36 AM |
| 2026-05-15 | $25.00 | 4/3/2026, 12:28:36 AM |
| 2026-07-17 | $25.00 | 4/3/2026, 12:28:36 AM |
| 2026-08-21 | $30.00 | 4/3/2026, 12:28:36 AM |
| 2026-10-16 | $25.00 | 4/3/2026, 12:28:36 AM |
| 2026-11-20 | $25.00 | 4/3/2026, 12:28:36 AM |
| 2027-01-15 | $20.00 | 4/3/2026, 12:28:36 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 7.5 | 0 | 11732750 | 11732750 |
| 10 | 15000 | 9988250 | 10003250 |
| 12.5 | 32250 | 8244250 | 8276500 |
| 15 | 63750 | 6530250 | 6594000 |
| 17.5 | 114000 | 4878750 | 4992750 |
| 20 | 244750 | 3329750 | 3574500 |
| 22.5 | 547750 | 2427500 | 2975250 |
| 25 | 1438000 | 1632000 | 3070000 |
| 30 | 4533500 | 409500 | 4943000 |
| 35 | 10976500 | 3000 | 10979500 |
| 40 | 19220000 | 0 | 19220000 |
| 45 | 28372000 | 0 | 28372000 |
| 50 | 37668000 | 0 | 37668000 |
| 55 | 47033000 | 0 | 47033000 |
View max pain levels for ERO 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.