Max Pain — UBS
Data as of market close Apr 2, 2026
UBS Max Pain Data
- Max Pain Strike
- $37.50
- Expected Move
- ±$2.30 (±5.8%)
- Days to Expiry
- 15
- Total Call OI
- 11,947
- Total Put OI
- 3,309
- Put/Call OI Ratio
- 0.28
- Spot Price
- $39.43
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $37.50 | 4/3/2026, 1:51:55 AM |
| 2026-05-15 | $40.00 | 4/3/2026, 1:51:55 AM |
| 2026-08-21 | $42.50 | 4/3/2026, 1:51:55 AM |
| 2026-11-20 | $40.00 | 4/3/2026, 1:51:55 AM |
| 2027-01-15 | $45.00 | 4/3/2026, 1:51:55 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 25 | 0 | 3781750 | 3781750 |
| 27.5 | 750 | 3031250 | 3032000 |
| 30 | 1500 | 2283250 | 2284750 |
| 32.5 | 2250 | 1547750 | 1550000 |
| 35 | 3000 | 835250 | 838250 |
| 37.5 | 19750 | 269000 | 288750 |
| 40 | 780750 | 15750 | 796500 |
| 42.5 | 2808500 | 500 | 2809000 |
| 45 | 5737000 | 0 | 5737000 |
| 47.5 | 8710250 | 0 | 8710250 |
| 50 | 11684000 | 0 | 11684000 |
| 52.5 | 14662000 | 0 | 14662000 |
View max pain levels for UBS 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.