Max Pain — WVE
Data as of market close Apr 2, 2026
WVE Max Pain Data
- Max Pain Strike
- $7.50
- Expected Move
- ±$0.78 (±10.7%)
- Days to Expiry
- 15
- Total Call OI
- 63,066
- Total Put OI
- 12,945
- Put/Call OI Ratio
- 0.21
- Spot Price
- $7.28
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $7.50 | 4/3/2026, 2:01:16 AM |
| 2026-05-15 | $6.00 | 4/3/2026, 2:01:16 AM |
| 2026-07-17 | $8.00 | 4/3/2026, 2:01:16 AM |
| 2026-10-16 | $6.00 | 4/3/2026, 2:01:16 AM |
| 2026-12-18 | $7.00 | 4/3/2026, 2:01:16 AM |
| 2027-01-15 | $5.00 | 4/3/2026, 2:01:16 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 1 | 0 | 11383200 | 11383200 |
| 2.5 | 150 | 9441450 | 9441600 |
| 4 | 750 | 7505850 | 7506600 |
| 5 | 2750 | 6269850 | 6272600 |
| 6 | 43950 | 5142350 | 5186300 |
| 7.5 | 710550 | 3520700 | 4231250 |
| 9 | 2271300 | 2377100 | 4648400 |
| 10 | 3408600 | 1647700 | 5056300 |
| 11 | 4782900 | 1131800 | 5914700 |
| 12.5 | 6974700 | 493850 | 7468550 |
| 14 | 9613650 | 281150 | 9894800 |
| 15 | 11524650 | 236950 | 11761600 |
| 16 | 15192150 | 193250 | 15385400 |
| 17.5 | 22181250 | 127700 | 22308950 |
| 19 | 29672100 | 63500 | 29735600 |
| 20 | 35024900 | 39000 | 35063900 |
| 21 | 40581600 | 14500 | 40596100 |
| 22 | 46155200 | 2200 | 46157400 |
| 23 | 51989000 | 0 | 51989000 |
| 24 | 58030100 | 0 | 58030100 |
View max pain levels for WVE 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.