Max Pain — WMG
Data as of market close Apr 2, 2026
WMG Max Pain Data
- Max Pain Strike
- $27.00
- Expected Move
- ±$1.60 (±6.1%)
- Days to Expiry
- 15
- Total Call OI
- 3,208
- Total Put OI
- 2,382
- Put/Call OI Ratio
- 0.74
- Spot Price
- $26.11
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $27.00 | 4/3/2026, 1:59:57 AM |
| 2026-05-15 | $26.00 | 4/3/2026, 1:59:57 AM |
| 2026-07-17 | $26.00 | 4/3/2026, 1:59:57 AM |
| 2026-10-16 | $28.00 | 4/3/2026, 1:59:57 AM |
| 2027-01-15 | $18.00 | 4/3/2026, 1:59:57 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 19 | 0 | 1903200 | 1903200 |
| 20 | 0 | 1665100 | 1665100 |
| 23 | 0 | 951100 | 951100 |
| 24 | 0 | 714200 | 714200 |
| 25 | 1000 | 477400 | 478400 |
| 26 | 9800 | 241100 | 250900 |
| 27 | 28900 | 13700 | 42600 |
| 28 | 50800 | 9200 | 60000 |
| 29 | 74300 | 5300 | 79600 |
| 30 | 99200 | 1500 | 100700 |
| 31 | 315400 | 800 | 316200 |
| 32 | 534200 | 500 | 534700 |
| 33 | 759700 | 200 | 759900 |
| 34 | 995600 | 0 | 995600 |
| 35 | 1232300 | 0 | 1232300 |
| 36 | 1469700 | 0 | 1469700 |
| 37 | 1707500 | 0 | 1707500 |
| 38 | 2027400 | 0 | 2027400 |
| 39 | 2347500 | 0 | 2347500 |
| 40 | 2667700 | 0 | 2667700 |
View max pain levels for WMG 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.