IBM Max Pain
IBM $252.57 · Updated Oct 26, 4:00 PM ET
IBM max pain for Oct 30, 2026 (4 days out) is $240.00, 5.0% below the current $252.57. 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 $240.00.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Oct 30, 2026 | 4 | $240.00 | -5.0% | 19,268 | 12,828 |
| Nov 6, 2026 | 11 | $242.50 | -4.0% | 3,219 | 2,667 |
| Nov 13, 2026 | 18 | $245.00 | -3.0% | 1,944 | 1,696 |
| Nov 20, 2026 | 25 | $235.00 | -7.0% | 48,520 | 27,820 |
| Nov 27, 2026 | 32 | $240.00 | -5.0% | 836 | 816 |
| Dec 4, 2026 | 39 | $245.00 | -3.0% | 195 | 155 |
| Dec 18, 2026 | 53 | $240.00 | -5.0% | 42,895 | 32,320 |
| Jan 15, 2027 | 81 | $250.00 | -1.0% | 74,089 | 54,964 |
| Feb 19, 2027 | 116 | $230.00 | -8.9% | 4,778 | 5,260 |
| Mar 19, 2027 | 144 | $270.00 | +6.9% | 20,930 | 20,770 |
| Apr 16, 2027 | 172 | $235.00 | -7.0% | 1,747 | 3,028 |
How this is calculated: Max Pain methodology