This page reflects EGO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — EGO
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $32.00 (0.02 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$32.00
Nearest expiry
Expected Move
±$3.80
±11.9%
Days to Expiry
29
Calendar days
Total Call OI
3,997
Nearest expiry
Total Put OI
2,468
Nearest expiry
P/C OI Ratio
0.62
Put-heavy
Spot Price
$31.98
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$33.00
4/17/2026, 11:11:03 PM
2026-05-15
$30.00
5/15/2026, 11:14:05 PM
2026-06-18NextUpdated
$32.00
5/20/2026, 11:09:46 PM
2026-07-17
$37.00
5/20/2026, 11:09:46 PM
2026-08-21
$35.00
5/20/2026, 11:09:46 PM
2026-10-16
$33.00
5/20/2026, 11:09:46 PM
2026-11-20
$34.00
5/20/2026, 11:09:46 PM
2026-12-18
$40.00
5/20/2026, 11:09:46 PM
2027-01-15
$35.00
5/20/2026, 11:09:46 PM
Selected expiration: 2026-06-18 at max pain $32.00.
EGO pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
22
0
2393000
2393000
23
400
2146200
2146600
24
800
1899400
1900200
25
1200
1652700
1653900
26
3300
1408700
1412000
27
5500
1181300
1186800
28
9100
958000
967100
29
12900
741700
754600
30
18200
538300
556500
31
30800
373400
404200
32
129100
266300
395400
33
276600
184900
461500
34
447700
111000
558700
35
665400
41100
706500
36
956500
22000
978500
37
1258900
13200
1272100
38
1578100
6700
1584800
39
1907100
1700
1908800
40
2245100
600
2245700
41
2618600
0
2618600
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.