Max Pain — IBTA
Data as of market close Apr 2, 2026
IBTA Max Pain Data
- Max Pain Strike
- $22.50
- Expected Move
- ±$3.77 (±11.8%)
- Days to Expiry
- 15
- Total Call OI
- 136
- Total Put OI
- 13
- Put/Call OI Ratio
- 0.10
- Spot Price
- $32.05
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $22.50 | 4/3/2026, 12:46:43 AM |
| 2026-05-15 | $22.50 | 4/3/2026, 12:46:43 AM |
| 2026-06-18 | $25.00 | 4/3/2026, 12:46:43 AM |
| 2026-09-18 | $15.00 | 4/3/2026, 12:46:43 AM |
| 2027-01-15 | $25.00 | 4/3/2026, 12:46:43 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 12.5 | 0 | 13750 | 13750 |
| 15 | 0 | 10750 | 10750 |
| 20 | 500 | 5250 | 5750 |
| 22.5 | 1000 | 3000 | 4000 |
| 25 | 5500 | 1000 | 6500 |
| 30 | 42500 | 0 | 42500 |
| 35 | 86500 | 0 | 86500 |
View max pain levels for IBTA 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.