Max Pain — NAT
Data as of market close Apr 2, 2026
NAT Max Pain Data
- Max Pain Strike
- $5.00
- Expected Move
- ±$0.50 (±8.1%)
- Days to Expiry
- 15
- Total Call OI
- 23,924
- Total Put OI
- 9,068
- Put/Call OI Ratio
- 0.38
- Spot Price
- $6.15
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $5.00 | 4/3/2026, 1:08:29 AM |
| 2026-05-15 | $6.00 | 4/3/2026, 1:08:29 AM |
| 2026-07-17 | $3.50 | 4/3/2026, 1:08:29 AM |
| 2026-10-16 | $5.00 | 4/3/2026, 1:08:29 AM |
| 2027-01-15 | $4.00 | 4/3/2026, 1:08:29 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 0.5 | 0 | 3652850 | 3652850 |
| 1 | 50 | 3199450 | 3199500 |
| 1.5 | 150 | 2746550 | 2746700 |
| 2 | 250 | 2294650 | 2294900 |
| 2.5 | 400 | 1843500 | 1843900 |
| 3 | 800 | 1392350 | 1393150 |
| 3.5 | 4000 | 1032700 | 1036700 |
| 4 | 11200 | 746750 | 757950 |
| 4.5 | 26950 | 489000 | 515950 |
| 5 | 105100 | 242700 | 347800 |
| 6 | 349800 | 7900 | 357700 |
| 7 | 2087900 | 0 | 2087900 |
View max pain levels for NAT 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.