Max Pain — NI
Data as of market close Apr 2, 2026
NI Max Pain Data
- Max Pain Strike
- $45.00
- Expected Move
- ±$2.95 (±6.2%)
- Days to Expiry
- 15
- Total Call OI
- 4,407
- Total Put OI
- 929
- Put/Call OI Ratio
- 0.21
- Spot Price
- $47.49
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $45.00 | 4/3/2026, 1:10:58 AM |
| 2026-05-15 | $45.00 | 4/3/2026, 1:10:58 AM |
| 2026-07-17 | $40.00 | 4/3/2026, 1:10:58 AM |
| 2026-08-21 | $40.00 | 4/3/2026, 1:10:58 AM |
| 2026-10-16 | $45.00 | 4/3/2026, 1:10:58 AM |
| 2026-11-20 | $45.00 | 4/3/2026, 1:10:58 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 22.5 | 0 | 1704250 | 1704250 |
| 25 | 250 | 1472000 | 1472250 |
| 30 | 750 | 1007500 | 1008250 |
| 35 | 4750 | 543500 | 548250 |
| 40 | 9250 | 89500 | 98750 |
| 45 | 59250 | 3500 | 62750 |
| 50 | 1005750 | 0 | 1005750 |
| 55 | 3130750 | 0 | 3130750 |
| 60 | 5332750 | 0 | 5332750 |
View max pain levels for NI 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.