Max Pain — IREN
Data as of market close Apr 2, 2026
IREN Max Pain Data
- Max Pain Strike
- $38.00
- Expected Move
- ±$3.68 (±10.6%)
- Days to Expiry
- 8
- Total Call OI
- 47,411
- Total Put OI
- 45,882
- Put/Call OI Ratio
- 0.97
- Spot Price
- $34.77
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $40.50 | 3/27/2026, 2:37:05 PM |
| 2026-04-02 | $35.50 | 4/1/2026, 7:45:04 PM |
| 2026-04-10 | $38.00 | 4/3/2026, 12:49:54 AM |
| 2026-04-17 | $38.00 | 4/3/2026, 12:49:54 AM |
| 2026-04-24 | $40.00 | 4/3/2026, 12:49:54 AM |
| 2026-05-01 | $40.00 | 4/3/2026, 12:49:54 AM |
| 2026-05-08 | $37.00 | 4/3/2026, 12:49:54 AM |
| 2026-05-15 | $44.00 | 4/3/2026, 12:49:54 AM |
| 2026-06-18 | $42.00 | 4/3/2026, 12:49:54 AM |
| 2026-07-17 | $41.00 | 4/3/2026, 12:49:54 AM |
| 2026-08-21 | $47.00 | 4/3/2026, 12:49:54 AM |
| 2026-09-18 | $55.00 | 4/3/2026, 12:49:54 AM |
| 2026-10-16 | $45.00 | 4/3/2026, 12:49:54 AM |
| 2026-11-20 | $45.00 | 4/3/2026, 12:49:54 AM |
| 2026-12-18 | $27.00 | 4/3/2026, 12:49:54 AM |
| 2027-01-15 | $30.00 | 4/3/2026, 12:49:54 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 20 | 0 | 43412500 | 43412500 |
| 21 | 1600 | 39446300 | 39447900 |
| 22 | 3200 | 35938600 | 35941800 |
| 23 | 4800 | 32703100 | 32707900 |
| 24 | 6500 | 29494700 | 29501200 |
| 25 | 8200 | 26320600 | 26328800 |
| 26 | 10300 | 23242100 | 23252400 |
| 27 | 12400 | 20195800 | 20208200 |
| 28 | 14500 | 17266800 | 17281300 |
| 29 | 47500 | 14578900 | 14626400 |
| 30 | 80500 | 11928500 | 12009000 |
| 31 | 123100 | 9971400 | 10094500 |
| 32 | 187700 | 8159700 | 8347400 |
| 33 | 258800 | 6618000 | 6876800 |
| 34 | 369600 | 5327600 | 5697200 |
| 35 | 513900 | 4131400 | 4645300 |
| 36 | 799700 | 3097200 | 3896900 |
| 37 | 1210400 | 2150800 | 3361200 |
| 37.5 | 1549650 | 1735200 | 3284850 |
| 38 | 1910650 | 1331200 | 3241850 |
View max pain levels for IREN 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.