Max Pain — WBD
Data as of market close Apr 2, 2026
WBD Max Pain Data
- Max Pain Strike
- $27.00
- Expected Move
- ±$0.35 (±1.3%)
- Days to Expiry
- 8
- Total Call OI
- 1,361
- Total Put OI
- 6,533
- Put/Call OI Ratio
- 4.80
- Spot Price
- $27.32
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-03-27 | $27.50 | 3/27/2026, 3:15:26 PM |
| 2026-04-02 | $27.50 | 4/1/2026, 9:23:45 PM |
| 2026-04-10 | $27.00 | 4/3/2026, 1:58:13 AM |
| 2026-04-17 | $27.00 | 4/3/2026, 1:58:13 AM |
| 2026-04-24 | $27.00 | 4/3/2026, 1:58:13 AM |
| 2026-05-01 | $27.00 | 4/3/2026, 1:58:13 AM |
| 2026-05-15 | $28.00 | 4/3/2026, 1:58:13 AM |
| 2026-06-18 | $26.00 | 4/3/2026, 1:58:13 AM |
| 2026-07-17 | $28.00 | 4/3/2026, 1:58:13 AM |
| 2026-08-21 | $28.00 | 4/3/2026, 1:58:13 AM |
| 2026-09-18 | $25.00 | 4/3/2026, 1:58:13 AM |
| 2026-10-16 | $28.00 | 4/3/2026, 1:58:13 AM |
| 2026-11-20 | $27.00 | 4/3/2026, 1:58:13 AM |
| 2026-12-18 | $25.00 | 4/3/2026, 1:58:13 AM |
| 2027-01-15 | $20.00 | 4/3/2026, 1:58:13 AM |
| 2027-03-19 | $27.00 | 4/3/2026, 1:58:13 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 20 | 0 | 4446950 | 4446950 |
| 21 | 300 | 3793650 | 3793950 |
| 22 | 700 | 3140350 | 3141050 |
| 23 | 1100 | 2500350 | 2501450 |
| 24 | 1600 | 1868250 | 1869850 |
| 24.5 | 1850 | 1553450 | 1555300 |
| 25 | 2100 | 1239900 | 1242000 |
| 25.5 | 2400 | 930650 | 933050 |
| 26 | 2700 | 622000 | 624700 |
| 26.5 | 3550 | 314150 | 317700 |
| 27 | 5000 | 10550 | 15550 |
| 27.5 | 12650 | 5450 | 18100 |
| 28 | 26950 | 1200 | 28150 |
| 29 | 117250 | 1100 | 118350 |
| 30 | 225350 | 1000 | 226350 |
| 31 | 336450 | 900 | 337350 |
| 31.5 | 393000 | 850 | 393850 |
| 32 | 450050 | 800 | 450850 |
| 33 | 567150 | 700 | 567850 |
| 34 | 685250 | 600 | 685850 |
View max pain levels for WBD 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.