This page reflects ENS 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 — ENS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $230.00 (23.32 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$230.00
Nearest expiry
Expected Move
±$16.10
±7.8%
Days to Expiry
15
Calendar days
Total Call OI
257
Nearest expiry
Total Put OI
435
Nearest expiry
P/C OI Ratio
1.69
Put-heavy
Spot Price
$206.68
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
$180.00
5/15/2026, 11:14:03 PM
2026-06-18
$230.00
6/18/2026, 11:12:10 PM
2026-07-17NextUpdated
$230.00
7/3/2026, 11:10:16 PM
2026-08-21
$250.00
7/3/2026, 11:10:16 PM
2026-09-18
$220.00
7/3/2026, 11:10:16 PM
2026-12-18
$175.00
7/3/2026, 11:10:16 PM
Selected expiration: 2026-07-17 at max pain $230.00.
ENS pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
145
0
2191000
2191000
150
0
2020000
2020000
155
0
1850500
1850500
160
0
1682500
1682500
165
0
1516000
1516000
170
0
1351000
1351000
175
0
1186500
1186500
180
0
1022500
1022500
185
0
872000
872000
190
0
723500
723500
195
0
593500
593500
200
500
464000
464500
210
3500
219000
222500
220
8500
111000
119500
230
29500
44000
73500
240
102500
12000
114500
250
246500
2000
248500
260
427500
0
427500
270
629500
0
629500
280
856500
0
856500
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.