ThetaOwl

Max Pain — PAY

Data as of market close Apr 2, 2026

PAY Max Pain Data

Max Pain Strike
$25.00
Expected Move
±$3.25 (±12.9%)
Days to Expiry
15
Total Call OI
139
Total Put OI
87
Put/Call OI Ratio
0.63
Spot Price
$25.23

Max Pain by Expiration

Pain by Strike

ExpirationMax Pain StrikeLast Updated
2026-04-17$25.004/3/2026, 1:19:21 AM
2026-05-15$27.004/3/2026, 1:19:21 AM
2026-06-18$25.004/3/2026, 1:19:21 AM
2026-09-18$22.004/3/2026, 1:19:21 AM
PAY pain by strike for 2026-04-17 expiration
StrikeCall PainPut PainTotal Pain
150119500119500
161400110900112300
174100102300106400
18710093700100800
19112008510096300
20157007650092200
21205006790088400
23305005070081200
24356004260078200
25412003580077000
26475003000077500
27571002430081400
28705001890089400
29843001350097800
30982008400106600
311121003600115700
32126000700126700
331399000139900

View max pain levels for PAY 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.