This page reflects ENLT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — ENLT
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $75.00 (9.06 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$1.70
±2.6%
Days to Expiry
11
Calendar days
Total Call OI
560
Nearest expiry
Total Put OI
113
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$65.94
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$75.00
8/21/2026, 11:11:27 PM
2026-09-18
$75.00
9/18/2026, 11:13:14 PM
2026-10-16NextUpdated
$75.00
10/5/2026, 11:11:22 PM
2026-11-20
$80.00
10/5/2026, 11:11:22 PM
2027-02-19
$60.00
10/5/2026, 11:11:22 PM
2027-05-21
$60.00
10/5/2026, 11:11:22 PM
Selected expiration: 2026-10-16 at max pain $75.00.
ENLT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
208500
208500
60
0
96500
96500
65
0
64500
64500
70
0
36000
36000
75
5500
17500
23000
80
206500
1000
207500
85
441000
0
441000
90
691000
0
691000
95
944500
0
944500
100
1201000
0
1201000
105
1459500
0
1459500
110
1718500
0
1718500
115
1978000
0
1978000
120
2257000
0
2257000
125
2536500
0
2536500
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.