Max Pain — PPL
Data as of market close Apr 2, 2026
PPL Max Pain Data
- Max Pain Strike
- $34.00
- Expected Move
- ±$1.05 (±2.7%)
- Days to Expiry
- 15
- Total Call OI
- 24,585
- Total Put OI
- 1,965
- Put/Call OI Ratio
- 0.08
- Spot Price
- $38.64
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $34.00 | 4/3/2026, 1:23:36 AM |
| 2026-05-15 | $38.00 | 4/3/2026, 1:23:36 AM |
| 2026-06-18 | $35.00 | 4/3/2026, 1:23:36 AM |
| 2026-07-17 | $34.00 | 4/3/2026, 1:23:36 AM |
| 2026-10-16 | $37.00 | 4/3/2026, 1:23:36 AM |
| 2027-01-15 | $30.00 | 4/3/2026, 1:23:36 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 20 | 0 | 2387400 | 2387400 |
| 25 | 0 | 1406400 | 1406400 |
| 28 | 1500 | 920700 | 922200 |
| 29 | 2000 | 759400 | 761400 |
| 30 | 2500 | 604700 | 607200 |
| 31 | 3000 | 461800 | 464800 |
| 32 | 3500 | 319600 | 323100 |
| 33 | 5000 | 205200 | 210200 |
| 34 | 8000 | 120400 | 128400 |
| 35 | 386100 | 61400 | 447500 |
| 36 | 801600 | 25900 | 827500 |
| 37 | 1244900 | 8000 | 1252900 |
| 38 | 1742100 | 700 | 1742800 |
| 39 | 3515900 | 0 | 3515900 |
| 40 | 5791500 | 0 | 5791500 |
| 41 | 8114300 | 0 | 8114300 |
| 42 | 10487300 | 0 | 10487300 |
| 43 | 12941100 | 0 | 12941100 |
| 44 | 15398100 | 0 | 15398100 |
| 45 | 17855700 | 0 | 17855700 |
View max pain levels for PPL 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.