ThetaOwl

Max Pain — PAA

Data as of market close Apr 2, 2026

PAA Max Pain Data

Max Pain Strike
$22.00
Expected Move
±$0.65 (±2.9%)
Days to Expiry
8
Total Call OI
261
Total Put OI
48
Put/Call OI Ratio
0.18
Spot Price
$22.14

Max Pain by Expiration

Pain by Strike

ExpirationMax Pain StrikeLast Updated
2026-03-27$21.503/27/2026, 2:53:33 PM
2026-04-02$21.004/1/2026, 8:31:14 PM
2026-04-10$22.004/3/2026, 1:18:39 AM
2026-04-17$22.004/3/2026, 1:18:39 AM
2026-04-24$22.004/3/2026, 1:18:39 AM
2026-05-01$11.004/3/2026, 1:18:39 AM
2026-05-15$18.004/3/2026, 1:18:39 AM
2026-08-21$18.004/3/2026, 1:18:39 AM
2026-11-20$19.004/3/2026, 1:18:39 AM
2027-01-15$17.004/3/2026, 1:18:39 AM
PAA pain by strike for 2026-04-10 expiration
StrikeCall PainPut PainTotal Pain
1304260042600
20090009000
21200045006500
21.5355023005850
2252001005300
22.5116505011700
2320900020900
2441900041900
2566300066300
2692400092400
271185000118500

View max pain levels for PAA 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.