Max Pain — MCRB
Data as of market close Apr 7, 2026
MCRB Max Pain Data
- Max Pain Strike
- $12.50
- Expected Move
- ±$0.93 (±10.4%)
- Days to Expiry
- 10
- Total Call OI
- 1,881
- Total Put OI
- 209
- Put/Call OI Ratio
- 0.11
- Spot Price
- $8.85
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $12.50 | 4/8/2026, 3:28:38 AM |
| 2026-05-15 | $10.00 | 4/8/2026, 3:28:38 AM |
| 2026-07-17 | $15.00 | 4/8/2026, 3:28:38 AM |
| 2026-10-16 | $15.00 | 4/8/2026, 3:28:38 AM |
| 2027-01-15 | $7.50 | 4/8/2026, 3:28:38 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 5 | 0 | 206500 | 206500 |
| 7.5 | 0 | 154750 | 154750 |
| 10 | 500 | 106000 | 106500 |
| 12.5 | 8000 | 57250 | 65250 |
| 15 | 23500 | 48250 | 71750 |
| 17.5 | 53500 | 39250 | 92750 |
| 20 | 119000 | 30250 | 149250 |
| 22.5 | 184500 | 21500 | 206000 |
| 25 | 274000 | 14000 | 288000 |
| 30 | 560500 | 1500 | 562000 |
| 35 | 1390500 | 500 | 1391000 |
| 40 | 2221000 | 0 | 2221000 |
View max pain levels for MCRB 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.