Estee Lauder Companies, Inc. (TClose $78.20EOD only
Max Pain
$80.00
Next expiry May 22, 2026
Expected Move
±$2.33
3.0% from close
Price Gap
+1.80
Distance to max pain
IV Rank
2
Low premium
P/C OI
0.93
Balanced positioning
Consensus
—
No reports available
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — EL
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $80.00 (1.80 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$2.33
±3.0%
Days to Expiry
2
Calendar days
Total Call OI
819
Nearest expiry
Total Put OI
1,248
Nearest expiry
P/C OI Ratio
1.52
Put-heavy
Spot Price
$78.20
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$75.00
5/8/2026, 11:11:46 PM
2026-05-15
$80.00
5/15/2026, 11:14:39 PM
2026-05-22NextUpdated
$80.00
5/20/2026, 11:10:59 PM
2026-05-29
$80.00
5/20/2026, 11:10:59 PM
2026-06-05
$83.00
5/20/2026, 11:10:59 PM
2026-06-12
$80.00
5/20/2026, 11:10:59 PM
2026-06-18
$90.00
5/20/2026, 11:10:59 PM
2026-06-26
$77.00
5/20/2026, 11:10:59 PM
2026-07-17
$80.00
5/20/2026, 11:10:59 PM
2026-09-18
$85.00
5/20/2026, 11:10:59 PM
2026-10-16
$75.00
5/20/2026, 11:10:59 PM
2026-12-18
$105.00
5/20/2026, 11:10:59 PM
2027-01-15
$90.00
5/20/2026, 11:10:59 PM
2027-03-19
$75.00
5/20/2026, 11:10:59 PM
Selected expiration: 2026-05-22 at max pain $80.00.
EL pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
3206800
3206800
55
0
2584300
2584300
59
0
2086300
2086300
60
800
1961800
1962600
61
2500
1837800
1840300
62
4500
1713900
1718400
63
6500
1590300
1596800
64
8500
1466900
1475400
65
10500
1343600
1354100
66
12800
1227500
1240300
67
15100
1112900
1128000
68
18800
998600
1017400
69
23700
884700
908400
70
28600
771100
799700
71
34900
658600
693500
72
41400
547300
588700
73
48300
439700
488000
74
55800
352100
407900
75
63700
281500
345200
76
72000
226000
298000
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.