Max Pain — XLE
Data as of market close Apr 2, 2026
XLE Max Pain Data
- Max Pain Strike
- $60.00
- Expected Move
- ±$2.02 (±3.4%)
- Days to Expiry
- 8
- Total Call OI
- 41,405
- Total Put OI
- 43,008
- Put/Call OI Ratio
- 1.04
- Spot Price
- $59.25
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-10 | $60.00 | 4/3/2026, 2:01:59 AM |
| 2026-04-17 | $57.50 | 4/3/2026, 2:01:59 AM |
| 2026-04-24 | $58.50 | 4/3/2026, 2:01:59 AM |
| 2026-05-01 | $60.00 | 4/3/2026, 2:01:59 AM |
| 2026-05-08 | $61.00 | 4/3/2026, 2:01:59 AM |
| 2026-05-15 | $60.00 | 4/3/2026, 2:01:59 AM |
| 2026-06-18 | $55.00 | 4/3/2026, 2:01:59 AM |
| 2026-06-30 | $85.00 | 4/3/2026, 2:01:59 AM |
| 2026-07-17 | $56.00 | 4/3/2026, 2:01:59 AM |
| 2026-09-18 | $52.50 | 4/3/2026, 2:01:59 AM |
| 2026-09-30 | $48.00 | 4/3/2026, 2:01:59 AM |
| 2026-11-20 | $55.00 | 4/3/2026, 2:01:59 AM |
| 2026-12-18 | $60.00 | 4/3/2026, 2:01:59 AM |
| 2026-12-31 | $48.00 | 4/3/2026, 2:01:59 AM |
| 2027-01-15 | $52.50 | 4/3/2026, 2:01:59 AM |
| 2027-03-19 | $63.00 | 4/3/2026, 2:01:59 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 30 | 0 | 119344250 | 119344250 |
| 45 | 12000 | 54832250 | 54844250 |
| 46 | 18300 | 50532050 | 50550350 |
| 47 | 26800 | 46237550 | 46264350 |
| 48 | 52700 | 41952550 | 42005250 |
| 49 | 79100 | 37682150 | 37761250 |
| 49.5 | 92400 | 35556650 | 35649050 |
| 50 | 105700 | 33435600 | 33541300 |
| 50.5 | 119050 | 31322700 | 31441750 |
| 51 | 132550 | 29215300 | 29347850 |
| 51.5 | 146050 | 27142100 | 27288150 |
| 52 | 159550 | 25075150 | 25234700 |
| 52.5 | 173050 | 23017200 | 23190250 |
| 53 | 186600 | 20962150 | 21148750 |
| 53.5 | 200450 | 18914850 | 19115300 |
| 54 | 214550 | 16871200 | 17085750 |
| 54.5 | 254100 | 14884850 | 15138950 |
| 55 | 294150 | 12902600 | 13196750 |
| 55.5 | 343100 | 10977550 | 11320650 |
| 56 | 396100 | 9069150 | 9465250 |
View max pain levels for XLE 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.