This page reflects ELF 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 — ELF
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $60.00 (16.42 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$3.35
±4.4%
Days to Expiry
8
Calendar days
Total Call OI
4,745
Nearest expiry
Total Put OI
853
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$76.42
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$62.00
6/26/2026, 11:12:55 PM
2026-07-02
$62.00
7/2/2026, 11:12:15 PM
2026-07-10NextUpdated
$60.00
7/3/2026, 11:09:30 PM
2026-07-17
$60.00
7/3/2026, 11:09:30 PM
2026-07-24
$62.00
7/3/2026, 11:09:30 PM
2026-07-31
$64.00
7/3/2026, 11:09:30 PM
2026-08-07
$69.00
7/3/2026, 11:09:30 PM
2026-08-21
$60.00
7/3/2026, 11:09:30 PM
2026-09-18
$70.00
7/3/2026, 11:09:30 PM
2026-10-16
$80.00
7/3/2026, 11:09:30 PM
2026-11-20
$55.00
7/3/2026, 11:09:30 PM
2027-01-15
$65.00
7/3/2026, 11:09:30 PM
2027-02-19
$55.00
7/3/2026, 11:09:30 PM
Selected expiration: 2026-07-10 at max pain $60.00.
ELF pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
1443000
1443000
42
0
1277000
1277000
43
0
1194300
1194300
44
0
1111700
1111700
45
0
1031700
1031700
46
0
957000
957000
47
100
882900
883000
48
200
809100
809300
49
300
736100
736400
50
600
665100
665700
51
1700
611000
612700
52
3000
557400
560400
53
4700
505600
510300
54
9200
455100
464300
55
17700
406600
424300
56
31500
366400
397900
57
46800
327100
373900
58
68800
290300
359100
59
92500
260700
353200
60
117600
231900
349500
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.