Max Pain — PSX
Data as of market close Apr 2, 2026
PSX Max Pain Data
- Max Pain Strike
- $175.00
- Expected Move
- ±$7.62 (±4.3%)
- Days to Expiry
- 8
- Total Call OI
- 565
- Total Put OI
- 592
- Put/Call OI Ratio
- 1.05
- Spot Price
- $176.21
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $170.00 | 3/27/2026, 2:57:18 PM |
| 2026-04-02 | $177.50 | 4/1/2026, 8:39:14 PM |
| 2026-04-10 | $175.00 | 4/3/2026, 1:24:56 AM |
| 2026-04-17 | $155.00 | 4/3/2026, 1:24:56 AM |
| 2026-04-24 | $172.50 | 4/3/2026, 1:24:56 AM |
| 2026-05-01 | $170.00 | 4/3/2026, 1:24:56 AM |
| 2026-05-08 | $150.00 | 4/3/2026, 1:24:56 AM |
| 2026-05-15 | $150.00 | 4/3/2026, 1:24:56 AM |
| 2026-06-18 | $145.00 | 4/3/2026, 1:24:56 AM |
| 2026-08-21 | $155.00 | 4/3/2026, 1:24:56 AM |
| 2026-09-18 | $160.00 | 4/3/2026, 1:24:56 AM |
| 2026-11-20 | $165.00 | 4/3/2026, 1:24:56 AM |
| 2026-12-18 | $145.00 | 4/3/2026, 1:24:56 AM |
| 2027-01-15 | $130.00 | 4/3/2026, 1:24:56 AM |
| 2027-03-19 | $165.00 | 4/3/2026, 1:24:56 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 138 | 0 | 1849150 | 1849150 |
| 140 | 200 | 1730750 | 1730950 |
| 142 | 800 | 1612350 | 1613150 |
| 144 | 2200 | 1494350 | 1496550 |
| 145 | 2900 | 1435450 | 1438350 |
| 148 | 5300 | 1259050 | 1264350 |
| 149 | 6100 | 1200350 | 1206450 |
| 150 | 7000 | 1141750 | 1148750 |
| 155 | 12000 | 851750 | 863750 |
| 157.5 | 14500 | 708250 | 722750 |
| 160 | 17750 | 590000 | 607750 |
| 162.5 | 22750 | 474250 | 497000 |
| 165 | 27750 | 359000 | 386750 |
| 167.5 | 40000 | 260500 | 300500 |
| 170 | 53250 | 170500 | 223750 |
| 172.5 | 69500 | 95500 | 165000 |
| 175 | 90000 | 61250 | 151250 |
| 177.5 | 116750 | 41000 | 157750 |
| 180 | 147250 | 20750 | 168000 |
| 182.5 | 184500 | 6000 | 190500 |
View max pain levels for PSX 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.