ThetaOwl

Max Pain — NE

Data as of market close Apr 2, 2026

NE Max Pain Data

Max Pain Strike
$45.00
Expected Move
±$3.68 (±7.4%)
Days to Expiry
15
Total Call OI
1,797
Total Put OI
382
Put/Call OI Ratio
0.21
Spot Price
$49.86

Max Pain by Expiration

Pain by Strike

ExpirationMax Pain StrikeLast Updated
2026-04-17$45.004/3/2026, 1:09:29 AM
2026-05-15$45.004/3/2026, 1:09:29 AM
2026-06-18$35.004/3/2026, 1:09:29 AM
2026-09-18$42.504/3/2026, 1:09:29 AM
2026-12-18$27.504/3/2026, 1:09:29 AM
2027-01-15$27.504/3/2026, 1:09:29 AM
NE pain by strike for 2026-04-17 expiration
StrikeCall PainPut PainTotal Pain
32.50405250405250
350310750310750
37.5500216250216750
401000138000139000
42.532507300076250
4590002625035250
47.51415009250150750
504655001500467000
52.5865250500865750
55129525001295250
60218475002184750

View max pain levels for NE 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.