Max Pain — ES
Data as of market close Apr 2, 2026
ES Max Pain Data
- Max Pain Strike
- $65.00
- Expected Move
- ±$2.85 (±4.1%)
- Days to Expiry
- 15
- Total Call OI
- 4,936
- Total Put OI
- 1,697
- Put/Call OI Ratio
- 0.34
- Spot Price
- $69.47
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $65.00 | 4/3/2026, 12:28:38 AM |
| 2026-05-15 | $70.00 | 4/3/2026, 12:28:38 AM |
| 2026-07-17 | $65.00 | 4/3/2026, 12:28:38 AM |
| 2026-10-16 | $65.00 | 4/3/2026, 12:28:38 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 35 | 0 | 5112500 | 5112500 |
| 40 | 0 | 4264000 | 4264000 |
| 45 | 500 | 3416500 | 3417000 |
| 50 | 1000 | 2571500 | 2572500 |
| 55 | 2000 | 1765500 | 1767500 |
| 60 | 3000 | 1065000 | 1068000 |
| 65 | 4000 | 453500 | 457500 |
| 70 | 611500 | 22500 | 634000 |
| 75 | 1850500 | 0 | 1850500 |
| 80 | 3605000 | 0 | 3605000 |
| 85 | 5787500 | 0 | 5787500 |
| 90 | 8238500 | 0 | 8238500 |
View max pain levels for ES 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.