IWM Max Pain
IWM $276.99 · Updated Oct 26, 4:00 PM ET
IWM max pain for Oct 27, 2026 (1 day out) is $275.00, 0.7% below the current $276.99. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $276.00.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Oct 27, 2026 | 1 | $275.00 | -0.7% | 41,903 | 24,883 |
| Oct 28, 2026 | 2 | $275.00 | -0.7% | 12,554 | 29,716 |
| Oct 29, 2026 | 3 | $275.00 | -0.7% | 46,336 | 17,055 |
| Oct 30, 2026 | 4 | $278.00 | +0.4% | 210,801 | 494,775 |
| Nov 2, 2026 | 7 | $275.00 | -0.7% | 6,529 | 6,099 |
| Nov 3, 2026 | 8 | $275.00 | -0.7% | 4,075 | 6,904 |
| Nov 4, 2026 | 9 | $276.00 | -0.4% | 817 | 4,600 |
| Nov 5, 2026 | 10 | $276.00 | -0.4% | 1,334 | 8,206 |
| Nov 6, 2026 | 11 | $275.00 | -0.7% | 67,083 | 179,882 |
| Nov 13, 2026 | 18 | $276.00 | -0.4% | 54,657 | 57,379 |
| Nov 20, 2026 | 25 | $280.00 | +1.1% | 460,926 | 1,350,128 |
| Nov 27, 2026 | 32 | $276.00 | -0.4% | 29,784 | 13,117 |
How this is calculated: Max Pain methodology