Max Pain — SPY
Data as of market close Apr 2, 2026
SPY Max Pain Data
- Max Pain Strike
- $650.00
- Expected Move
- ±$8.59 (±1.3%)
- Days to Expiry
- 4
- Total Call OI
- 178,200
- Total Put OI
- 313,604
- Put/Call OI Ratio
- 1.76
- Spot Price
- $655.83
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-26 | $657.00 | 3/26/2026, 8:03:12 PM |
| 2026-03-27 | $660.00 | 3/26/2026, 8:03:12 PM |
| 2026-03-30 | $658.00 | 3/26/2026, 8:03:12 PM |
| 2026-03-31 | $666.00 | 3/26/2026, 8:03:12 PM |
| 2026-04-01 | $656.00 | 3/26/2026, 8:03:12 PM |
| 2026-04-02 | $400.00 | 4/2/2026, 5:39:52 AM |
| 2026-04-06 | $650.00 | 4/3/2026, 1:40:41 AM |
| 2026-04-07 | $651.00 | 4/3/2026, 1:40:41 AM |
| 2026-04-08 | $650.00 | 4/3/2026, 1:40:41 AM |
| 2026-04-09 | $647.00 | 4/3/2026, 1:40:41 AM |
| 2026-04-10 | $656.00 | 4/3/2026, 1:40:41 AM |
| 2026-04-17 | $665.00 | 4/3/2026, 1:40:41 AM |
| 2026-04-24 | $652.00 | 4/3/2026, 1:40:41 AM |
| 2026-04-30 | $664.00 | 4/3/2026, 1:40:41 AM |
| 2026-05-01 | $651.00 | 4/3/2026, 1:40:41 AM |
| 2026-05-08 | $650.00 | 4/3/2026, 1:40:41 AM |
| 2026-05-15 | $665.00 | 4/3/2026, 1:40:41 AM |
| 2026-05-29 | $667.00 | 4/3/2026, 1:40:41 AM |
| 2026-06-18 | $665.00 | 4/3/2026, 1:40:41 AM |
| 2026-06-30 | $660.00 | 4/3/2026, 1:40:41 AM |
| 2026-07-17 | $655.00 | 4/3/2026, 1:40:41 AM |
| 2026-07-31 | $670.00 | 4/3/2026, 1:40:41 AM |
| 2026-08-21 | $680.00 | 4/3/2026, 1:40:41 AM |
| 2026-08-31 | $671.00 | 4/3/2026, 1:40:41 AM |
| 2026-09-18 | $675.00 | 4/3/2026, 1:40:41 AM |
| 2026-09-30 | $668.00 | 4/3/2026, 1:40:41 AM |
| 2026-12-18 | $650.00 | 4/3/2026, 1:40:41 AM |
| 2026-12-31 | $679.00 | 4/3/2026, 1:40:41 AM |
| 2027-01-15 | $670.00 | 4/3/2026, 1:40:41 AM |
| 2027-03-19 | $680.00 | 4/3/2026, 1:40:41 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 500 | 0 | 4037225700 | 4037225700 |
| 505 | 0 | 3881114200 | 3881114200 |
| 510 | 0 | 3725345700 | 3725345700 |
| 515 | 0 | 3570164200 | 3570164200 |
| 520 | 0 | 3415023200 | 3415023200 |
| 525 | 0 | 3260047200 | 3260047200 |
| 530 | 1000 | 3105355700 | 3105356700 |
| 535 | 2000 | 2950996700 | 2950998700 |
| 540 | 3000 | 2796925700 | 2796928700 |
| 545 | 4000 | 2643106700 | 2643110700 |
| 550 | 5000 | 2489544200 | 2489549200 |
| 555 | 6000 | 2336413700 | 2336419700 |
| 560 | 7000 | 2183822200 | 2183829200 |
| 565 | 8000 | 2032064700 | 2032072700 |
| 570 | 9000 | 1880729700 | 1880738700 |
| 575 | 10000 | 1729898200 | 1729908200 |
| 580 | 11000 | 1579572700 | 1579583700 |
| 585 | 12000 | 1429869200 | 1429881200 |
| 590 | 13500 | 1280814700 | 1280828200 |
| 595 | 20000 | 1132802700 | 1132822700 |
View max pain levels for SPY 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.