Max Pain — VALE
Data as of market close Apr 2, 2026
VALE Max Pain Data
- Max Pain Strike
- $15.50
- Expected Move
- ±$0.74 (±4.6%)
- Days to Expiry
- 8
- Total Call OI
- 9,980
- Total Put OI
- 3,502
- Put/Call OI Ratio
- 0.35
- Spot Price
- $16.19
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $14.50 | 3/27/2026, 3:13:27 PM |
| 2026-04-02 | $15.00 | 4/1/2026, 9:19:42 PM |
| 2026-04-10 | $15.50 | 4/3/2026, 1:54:47 AM |
| 2026-04-17 | $16.00 | 4/3/2026, 1:54:47 AM |
| 2026-04-24 | $15.00 | 4/3/2026, 1:54:47 AM |
| 2026-05-01 | $15.00 | 4/3/2026, 1:54:47 AM |
| 2026-05-08 | $14.50 | 4/3/2026, 1:54:47 AM |
| 2026-05-15 | $15.00 | 4/3/2026, 1:54:47 AM |
| 2026-06-18 | $12.00 | 4/3/2026, 1:54:47 AM |
| 2026-09-18 | $14.00 | 4/3/2026, 1:54:47 AM |
| 2026-12-18 | $12.00 | 4/3/2026, 1:54:47 AM |
| 2027-01-15 | $15.00 | 4/3/2026, 1:54:47 AM |
| 2027-03-19 | $13.00 | 4/3/2026, 1:54:47 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 5 | 0 | 3257000 | 3257000 |
| 7 | 9400 | 2556600 | 2566000 |
| 9 | 19200 | 1856200 | 1875400 |
| 10 | 24100 | 1532100 | 1556200 |
| 11 | 29600 | 1208000 | 1237600 |
| 11.5 | 32400 | 1045950 | 1078350 |
| 12 | 35250 | 883900 | 919150 |
| 12.5 | 38150 | 721850 | 760000 |
| 13 | 41100 | 559800 | 600900 |
| 13.5 | 49150 | 404150 | 453300 |
| 14 | 64200 | 280650 | 344850 |
| 14.5 | 79350 | 181800 | 261150 |
| 15 | 98100 | 103350 | 201450 |
| 15.5 | 147750 | 46650 | 194400 |
| 16 | 489700 | 5450 | 495150 |
| 16.5 | 875300 | 2300 | 877600 |
| 17 | 1292500 | 750 | 1293250 |
| 17.5 | 1779450 | 450 | 1779900 |
| 18 | 2269550 | 150 | 2269700 |
| 18.5 | 2761650 | 0 | 2761650 |
View max pain levels for VALE 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.