Estee Lauder Companies, Inc. (TClose $84.27EOD only
Max Pain
$84.00
Next expiry Aug 21, 2026
Expected Move
±$7.90
9.4% from close
Price Gap
-0.27
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.75
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — EL
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $84.00 (0.27 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$84.00
Nearest expiry
Expected Move
±$7.90
±9.4%
Days to Expiry
3
Calendar days
Total Call OI
7,674
Nearest expiry
Total Put OI
6,560
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$84.27
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-08-07
$82.00
8/7/2026, 11:12:51 PM
2026-08-14
$80.00
8/14/2026, 11:12:54 PM
2026-08-21NextUpdated
$84.00
8/18/2026, 11:13:54 PM
2026-08-28
$84.00
8/18/2026, 11:13:54 PM
2026-09-04
$83.00
8/18/2026, 11:13:54 PM
2026-09-11
$81.00
8/18/2026, 11:13:54 PM
2026-09-18
$85.00
8/18/2026, 11:13:54 PM
2026-09-25
$86.00
8/18/2026, 11:13:54 PM
2026-10-16
$80.00
8/18/2026, 11:13:54 PM
2026-12-18
$95.00
8/18/2026, 11:13:54 PM
2027-01-15
$90.00
8/18/2026, 11:13:54 PM
2027-03-19
$80.00
8/18/2026, 11:13:54 PM
2027-06-17
$90.00
8/18/2026, 11:13:54 PM
Selected expiration: 2026-08-21 at max pain $84.00.
EL pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
21463400
21463400
50
0
18184900
18184900
55
0
14906900
14906900
60
0
11630400
11630400
65
5000
8386400
8391400
69
9800
5840000
5849800
70
11200
5230000
5241200
71
13500
4642300
4655800
72
16500
4057800
4074300
73
19800
3477700
3497500
74
23900
2900600
2924500
75
28400
2330200
2358600
76
36900
2014000
2050900
77
46000
1710600
1756600
78
59500
1417400
1476900
79
74100
1137500
1211600
80
90100
873700
963800
81
128700
734600
863300
82
168100
607800
775900
83
219000
493800
712800
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.