This page reflects ENLT 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 — ENLT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $85.00 (0.74 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$8.65
±10.3%
Days to Expiry
15
Calendar days
Total Call OI
880
Nearest expiry
Total Put OI
498
Nearest expiry
P/C OI Ratio
0.57
Put-heavy
Spot Price
$84.26
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$70.00
5/15/2026, 11:13:38 PM
2026-06-18
$85.00
6/18/2026, 11:12:11 PM
2026-07-17NextUpdated
$85.00
7/3/2026, 11:09:43 PM
2026-08-21
$75.00
7/3/2026, 11:09:43 PM
2026-11-20
$85.00
7/3/2026, 11:09:43 PM
2027-02-19
$70.00
7/3/2026, 11:09:43 PM
Selected expiration: 2026-07-17 at max pain $85.00.
ENLT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
1188500
1188500
70
0
940500
940500
75
0
695000
695000
80
150000
454500
604500
85
307000
227000
534000
90
474000
73500
547500
95
739500
20500
760000
100
1062000
6500
1068500
105
1447500
1000
1448500
110
1857500
0
1857500
115
2288000
0
2288000
120
2722000
0
2722000
125
3159000
0
3159000
130
3598500
0
3598500
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.