IWM Max Pain
IWM $282.14 · Updated Nov 10, 4:00 PM ET
IWM max pain for Nov 11, 2026 (1 day out) is $280.00, 0.8% below the current $282.14. That is the settlement price at which the open contracts on that date would pay holders the least. For Dec 11, 2026, max pain is $279.00.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Nov 11, 2026 | 1 | $280.00 | -0.8% | 84,462 | 40,638 |
| Nov 12, 2026 | 2 | $278.00 | -1.5% | 48,825 | 17,769 |
| Nov 13, 2026 | 3 | $279.00 | -1.1% | 111,708 | 183,241 |
| Nov 16, 2026 | 6 | $279.00 | -1.1% | 13,673 | 18,946 |
| Nov 17, 2026 | 7 | $278.00 | -1.5% | 6,365 | 10,403 |
| Nov 18, 2026 | 8 | $278.00 | -1.5% | 7,724 | 5,600 |
| Nov 19, 2026 | 9 | $280.00 | -0.8% | 2,896 | 4,869 |
| Nov 20, 2026 | 10 | $280.00 | -0.8% | 550,944 | 1,542,695 |
| Nov 23, 2026 | 13 | $280.00 | -0.8% | 2,611 | 2,374 |
| Nov 24, 2026 | 14 | $280.00 | -0.8% | 2,261 | 1,008 |
| Nov 25, 2026 | 15 | $230.00 | -18.5% | 0 | 0 |
| Nov 27, 2026 | 17 | $277.00 | -1.8% | 44,683 | 97,155 |
How this is calculated: Max Pain methodology