thetaOwl

EL

Estee Lauder Companies, Inc. (TClose $83.71EOD only
Max Pain
$79.00
Next expiry Jul 10, 2026
Expected Move
±$4.78
5.7% from close
Price Gap
-4.71
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.72
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects EL 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 — EL
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $79.00 (4.71 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$79.00
Nearest expiry
Expected Move
±$4.78
±5.7%
Days to Expiry
8
Calendar days
Total Call OI
631
Nearest expiry
Total Put OI
505
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$83.71
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$84.006/26/2026, 11:12:02 PM
2026-07-02$81.007/2/2026, 11:12:31 PM
2026-07-10NextUpdated$79.007/3/2026, 11:10:47 PM
2026-07-17$80.007/3/2026, 11:10:47 PM
2026-07-24$86.007/3/2026, 11:10:47 PM
2026-07-31$95.007/3/2026, 11:10:47 PM
2026-08-07$79.007/3/2026, 11:10:47 PM
2026-08-21$80.007/3/2026, 11:10:47 PM
2026-09-18$85.007/3/2026, 11:10:47 PM
2026-10-16$80.007/3/2026, 11:10:47 PM
2026-12-18$105.007/3/2026, 11:10:47 PM
2027-01-15$90.007/3/2026, 11:10:47 PM
2027-03-19$80.007/3/2026, 11:10:47 PM
2027-06-17$80.007/3/2026, 11:10:47 PM
Selected expiration: 2026-07-10 at max pain $79.00.
EL pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
55011393001139300
600888800888800
650639300639300
700390300390300
7240400293900334300
7360600245800306400
7480800198700279500
75101000153900254900
76121200119700240900
7714140085800227200
7918180043800225600
8020200025200227200
8122220017800240000
8224240010900253300
832641004900269000
842891002300291400
853185001200319700
86351500800352300
87400100600400700
88449200400449600
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.