Max Pain — IRWD
Data as of market close Apr 7, 2026
IRWD Max Pain Data
- Max Pain Strike
- $3.00
- Expected Move
- ±$0.62 (±18.1%)
- Days to Expiry
- 10
- Total Call OI
- 1,523
- Total Put OI
- 914
- Put/Call OI Ratio
- 0.60
- Spot Price
- $3.46
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $3.00 | 4/8/2026, 3:26:52 AM |
| 2026-05-15 | $2.50 | 4/8/2026, 3:26:52 AM |
| 2026-08-21 | $3.00 | 4/8/2026, 3:26:52 AM |
| 2026-11-20 | $2.50 | 4/8/2026, 3:26:52 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 1 | 0 | 200000 | 200000 |
| 2 | 100 | 108600 | 108700 |
| 3 | 400 | 17200 | 17600 |
| 4 | 25400 | 2100 | 27500 |
| 5 | 119800 | 0 | 119800 |
| 6 | 269500 | 0 | 269500 |
| 9 | 726400 | 0 | 726400 |
View max pain levels for IRWD 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.