Max Pain — NEXT
Data as of market close Apr 2, 2026
NEXT Max Pain Data
- Max Pain Strike
- $6.00
- Expected Move
- ±$1.07 (±13.7%)
- Days to Expiry
- 15
- Total Call OI
- 74,396
- Total Put OI
- 27,653
- Put/Call OI Ratio
- 0.37
- Spot Price
- $7.85
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $6.00 | 4/3/2026, 1:10:01 AM |
| 2026-05-15 | $7.00 | 4/3/2026, 1:10:01 AM |
| 2026-07-17 | $7.00 | 4/3/2026, 1:10:01 AM |
| 2026-10-16 | $7.00 | 4/3/2026, 1:10:01 AM |
| 2027-01-15 | $7.00 | 4/3/2026, 1:10:01 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 2 | 0 | 10983700 | 10983700 |
| 3 | 1100 | 8218400 | 8219500 |
| 4 | 3700 | 5459000 | 5462700 |
| 5 | 38900 | 2777300 | 2816200 |
| 6 | 209000 | 1316500 | 1525500 |
| 7 | 3555900 | 232400 | 3788300 |
| 8 | 7597800 | 36500 | 7634300 |
| 9 | 12652300 | 4600 | 12656900 |
| 10 | 18927000 | 700 | 18927700 |
| 11 | 25985300 | 500 | 25985800 |
| 12 | 33116900 | 300 | 33117200 |
| 13 | 40346500 | 100 | 40346600 |
| 14 | 47694400 | 0 | 47694400 |
| 15 | 55045400 | 0 | 55045400 |
| 16 | 62442300 | 0 | 62442300 |
| 17 | 69862900 | 0 | 69862900 |
| 18 | 77285200 | 0 | 77285200 |
View max pain levels for NEXT 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.