This page reflects EGP 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 — EGP
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $190.00 (15.04 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$190.00
Nearest expiry
Expected Move
±$2.10
±1.0%
Days to Expiry
29
Calendar days
Total Call OI
51
Nearest expiry
Total Put OI
236
Nearest expiry
P/C OI Ratio
4.63
Put-heavy
Spot Price
$205.04
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
$185.00
4/17/2026, 11:11:12 PM
2026-05-15
$195.00
5/15/2026, 11:12:59 PM
2026-06-18NextUpdated
$190.00
5/20/2026, 11:10:33 PM
2026-09-18
$165.00
5/20/2026, 11:10:33 PM
2026-12-18
$210.00
5/20/2026, 11:10:33 PM
Selected expiration: 2026-06-18 at max pain $190.00.
EGP pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
155
0
809000
809000
160
500
691500
692000
165
1000
574000
575000
170
1500
456500
458000
175
2000
341000
343000
180
5500
227500
233000
185
10500
114000
124500
190
18000
500
18500
195
25500
0
25500
200
34500
0
34500
210
72500
0
72500
230
174500
0
174500
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.