This page reflects EH 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 — EH
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $8.00 (1.69 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$8.00
Nearest expiry
Expected Move
±$0.78
±12.3%
Days to Expiry
15
Calendar days
Total Call OI
63,124
Nearest expiry
Total Put OI
1,550
Nearest expiry
P/C OI Ratio
0.02
Put-heavy
Spot Price
$6.31
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$10.00
5/15/2026, 11:15:17 PM
2026-06-18
$8.00
6/18/2026, 11:15:06 PM
2026-07-17NextUpdated
$8.00
7/3/2026, 11:10:52 PM
2026-08-21
$6.00
7/3/2026, 11:10:52 PM
2026-10-16
$8.00
7/3/2026, 11:10:52 PM
2026-11-20
$9.00
7/3/2026, 11:10:52 PM
2027-01-15
$8.00
7/3/2026, 11:10:52 PM
Selected expiration: 2026-07-17 at max pain $8.00.
EH pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
790200
790200
4
200
635200
635400
5
500
480600
481100
6
2600
339700
342300
7
6900
223200
230100
8
28200
139300
167500
9
86600
90100
176700
10
167000
60000
227000
11
334400
37200
371600
12
1361400
21100
1382500
13
2406500
14200
2420700
14
3488300
7300
3495600
15
4617200
5600
4622800
16
5797400
3900
5801300
17
7029100
2200
7031300
18
8370100
1400
8371500
19
11717000
700
11717700
20
15589600
0
15589600
21
21521800
0
21521800
22
27711700
0
27711700
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.