Max Pain — WAT
Data as of market close Apr 2, 2026
WAT Max Pain Data
- Max Pain Strike
- $300.00
- Expected Move
- ±$19.40 (±6.4%)
- Days to Expiry
- 15
- Total Call OI
- 307
- Total Put OI
- 213
- Put/Call OI Ratio
- 0.69
- Spot Price
- $304.24
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $300.00 | 4/3/2026, 1:58:05 AM |
| 2026-05-15 | $360.00 | 4/3/2026, 1:58:05 AM |
| 2026-08-21 | $350.00 | 4/3/2026, 1:58:05 AM |
| 2026-11-20 | $195.00 | 4/3/2026, 1:58:05 AM |
| 2027-01-15 | $350.00 | 4/3/2026, 1:58:05 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 190 | 0 | 1401000 | 1401000 |
| 200 | 0 | 1189000 | 1189000 |
| 210 | 0 | 978000 | 978000 |
| 220 | 0 | 768000 | 768000 |
| 230 | 0 | 588000 | 588000 |
| 240 | 0 | 409000 | 409000 |
| 250 | 0 | 232000 | 232000 |
| 260 | 0 | 167000 | 167000 |
| 270 | 0 | 106000 | 106000 |
| 280 | 0 | 59000 | 59000 |
| 290 | 1000 | 29000 | 30000 |
| 300 | 3000 | 8000 | 11000 |
| 310 | 53000 | 3000 | 56000 |
| 320 | 134000 | 1000 | 135000 |
| 330 | 267000 | 0 | 267000 |
| 340 | 570000 | 0 | 570000 |
| 350 | 873000 | 0 | 873000 |
| 360 | 1178000 | 0 | 1178000 |
| 400 | 2402000 | 0 | 2402000 |
View max pain levels for WAT 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.