thetaOwl

EL

Estee Lauder Companies, Inc. (TClose $91.97EOD only
Max Pain
$93.00
Next expiry Oct 9, 2026
Expected Move
±$3.12
3.4% from close
Price Gap
+1.03
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.49
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 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
Oct 2, 2026 close
Max Pain — EL
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $93.00 (1.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$93.00
Nearest expiry
Expected Move
±$3.12
±3.4%
Days to Expiry
7
Calendar days
Total Call OI
562
Nearest expiry
Total Put OI
358
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$91.97
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$95.009/25/2026, 11:10:25 PM
2026-10-02Updated$91.0010/2/2026, 11:10:32 PM
2026-10-09Next$93.0010/2/2026, 11:10:32 PM
2026-10-16$90.0010/2/2026, 11:10:32 PM
2026-10-23$91.0010/2/2026, 11:10:32 PM
2026-10-30$85.0010/2/2026, 11:10:32 PM
2026-11-06$93.0010/2/2026, 11:10:32 PM
2026-11-20$95.0010/2/2026, 11:10:32 PM
2026-12-18$100.0010/2/2026, 11:10:32 PM
2027-01-15$90.0010/2/2026, 11:10:32 PM
2027-03-19$80.0010/2/2026, 11:10:32 PM
2027-04-16$100.0010/2/2026, 11:10:32 PM
2027-06-17$100.0010/2/2026, 11:10:32 PM
2027-09-17$100.0010/2/2026, 11:10:32 PM
Selected expiration: 2026-10-09 at max pain $93.00.
EL pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
50014618001461800
55012838001283800
650928800928800
70500751300751800
752500573800576300
806500396300402800
817700360800368500
829200325300334500
8311000290900301900
8413100256600269700
8515600223400239000
8618500190500209000
8722000157900179900
8826400126600153000
893110098100129200
903630071000107300
91420005280094800
92486003570084300
93565002650083000
94653001930084600
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.