Max Pain — MGY
Data as of market close Apr 2, 2026
MGY Max Pain Data
- Max Pain Strike
- $30.00
- Expected Move
- ±$2.05 (±6.6%)
- Days to Expiry
- 15
- Total Call OI
- 821
- Total Put OI
- 1,072
- Put/Call OI Ratio
- 1.31
- Spot Price
- $31.04
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $30.00 | 4/3/2026, 1:03:55 AM |
| 2026-05-15 | $30.00 | 4/3/2026, 1:03:55 AM |
| 2026-06-18 | $30.00 | 4/3/2026, 1:03:55 AM |
| 2026-09-18 | $25.00 | 4/3/2026, 1:03:55 AM |
| 2026-12-18 | $20.00 | 4/3/2026, 1:03:55 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 15 | 0 | 1591000 | 1591000 |
| 20 | 5000 | 1055000 | 1060000 |
| 22.5 | 7500 | 787000 | 794500 |
| 25 | 10500 | 520000 | 530500 |
| 30 | 28500 | 0 | 28500 |
| 35 | 242500 | 0 | 242500 |
| 40 | 540000 | 0 | 540000 |
View max pain levels for MGY 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.