Max Pain — NATL
Data as of market close Apr 2, 2026
NATL Max Pain Data
- Max Pain Strike
- $35.00
- Expected Move
- ±$2.27 (±5.2%)
- Days to Expiry
- 15
- Total Call OI
- 1,668
- Total Put OI
- 418
- Put/Call OI Ratio
- 0.25
- Spot Price
- $43.70
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $35.00 | 4/3/2026, 1:08:30 AM |
| 2026-07-17 | $40.00 | 4/3/2026, 1:08:30 AM |
| 2026-10-16 | $40.00 | 4/3/2026, 1:08:30 AM |
| 2026-12-18 | $30.00 | 4/3/2026, 1:08:30 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 25 | 0 | 447000 | 447000 |
| 30 | 500 | 238000 | 238500 |
| 35 | 22500 | 78500 | 101000 |
| 40 | 418500 | 1500 | 420000 |
| 45 | 861000 | 0 | 861000 |
| 50 | 1559000 | 0 | 1559000 |
| 55 | 2360000 | 0 | 2360000 |
View max pain levels for NATL 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.