Max Pain — TREE
Data as of market close Apr 2, 2026
TREE Max Pain Data
- Max Pain Strike
- $40.00
- Expected Move
- ±$5.10 (±12.5%)
- Days to Expiry
- 15
- Total Call OI
- 5,962
- Total Put OI
- 357
- Put/Call OI Ratio
- 0.06
- Spot Price
- $40.75
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $40.00 | 4/3/2026, 1:48:37 AM |
| 2026-05-15 | $45.00 | 4/3/2026, 1:48:37 AM |
| 2026-07-17 | $40.00 | 4/3/2026, 1:48:37 AM |
| 2026-10-16 | $22.50 | 4/3/2026, 1:48:37 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 20 | 0 | 703000 | 703000 |
| 22.5 | 0 | 613750 | 613750 |
| 25 | 250 | 525000 | 525250 |
| 30 | 750 | 354500 | 355250 |
| 35 | 13750 | 253500 | 267250 |
| 40 | 29750 | 167000 | 196750 |
| 45 | 1384750 | 104000 | 1488750 |
| 50 | 2901750 | 46500 | 2948250 |
| 55 | 5716250 | 16000 | 5732250 |
| 60 | 8568250 | 5000 | 8573250 |
| 65 | 11464750 | 2500 | 11467250 |
| 70 | 14375250 | 1000 | 14376250 |
| 75 | 17316250 | 500 | 17316750 |
| 80 | 20268250 | 0 | 20268250 |
| 85 | 23237250 | 0 | 23237250 |
| 90 | 26213250 | 0 | 26213250 |
| 95 | 29190750 | 0 | 29190750 |
| 100 | 32168750 | 0 | 32168750 |
View max pain levels for TREE 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.