What is EEM max pain this week?

EEM max pain for the nearest expiration (2026-07-10) is $65.50. Total call open interest: 3,131. Total put open interest: 18,506.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options EEMMax Pain

EEM

iShares MSCI Emerging Markets ETFClose $65.70EOD only

Max Pain

$65.50

Next expiry Jul 10, 2026

Expected Move

±$2.84

4.3% from close

Price Gap

-0.20

Distance to max pain

IV Rank

Low premium

P/C OI

1.99

Slightly put-heavy

Consensus

4.0/10

Bearish tilt

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects EEM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jul 2, 2026 close

Max Pain — EEM

Data as of market close Jul 2, 2026

Open Directional Report

Nearest listed expiration 2026-07-10 shows max pain at $65.50 (0.20 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$65.50

Nearest expiry

Expected Move

±$2.84

±4.3%

Days to Expiry

Calendar days

Total Call OI

3,131

Nearest expiry

Total Put OI

18,506

Nearest expiry

P/C OI Ratio

5.91

Put-heavy

Spot Price

$65.70

Published close

Consensus

4.0/10

Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration

Selected: 2026-07-10

Expiration	Max Pain Strike	Last Updated
2026-06-30	$65.00	6/30/2026, 11:12:31 PM
2026-07-02	$67.00	7/2/2026, 11:13:52 PM
2026-07-10NextUpdated	$65.50	7/3/2026, 11:10:24 PM
2026-07-17	$67.50	7/3/2026, 11:10:24 PM
2026-07-24	$70.50	7/3/2026, 11:10:24 PM
2026-07-31	$67.50	7/3/2026, 11:10:24 PM
2026-08-07	$67.00	7/3/2026, 11:10:24 PM
2026-08-21	$66.00	7/3/2026, 11:10:24 PM
2026-09-18	$64.00	7/3/2026, 11:10:24 PM
2026-09-30	$58.00	7/3/2026, 11:10:24 PM
2026-10-16	$62.00	7/3/2026, 11:10:24 PM
2026-11-20	$65.00	7/3/2026, 11:10:24 PM
2026-12-18	$65.00	7/3/2026, 11:10:24 PM
2026-12-31	$58.00	7/3/2026, 11:10:24 PM
2027-01-15	$64.00	7/3/2026, 11:10:24 PM
2027-03-19	$69.00	7/3/2026, 11:10:24 PM
2027-03-31	$67.00	7/3/2026, 11:10:24 PM
2027-06-17	$65.00	7/3/2026, 11:10:24 PM

Selected expiration: 2026-07-10 at max pain $65.50.

EEM pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
40	0	43200650	43200650
45	1000	34213150	34214150
50	3000	25390650	25393650
55	5000	16576650	16581650
57	6400	13055050	13061450
58	16100	11305550	11321650
59	31900	9618350	9650250
60	47900	7936150	7984050
61	69900	6257250	6327150
62	91900	4579050	4670950
62.5	102950	3758350	3861300
63	114000	2958650	3072650
63.5	125050	2196000	2321050
64	136200	1434800	1571000
64.5	152500	925050	1077550
65	183350	526100	709450
65.5	216350	186850	403200
66	282050	148550	430600
66.5	351700	114700	466400
67	422350	81200	503550

How to Read Max Pain

Compare pin-risk and strike-pressure across expirations from the latest published close.

What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.