This page reflects ENVA 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 — ENVA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $220.00 (15.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$220.00
Nearest expiry
Expected Move
±$6.10
±2.6%
Days to Expiry
15
Calendar days
Total Call OI
277
Nearest expiry
Total Put OI
291
Nearest expiry
P/C OI Ratio
1.05
Put-heavy
Spot Price
$235.19
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
$160.00
5/15/2026, 11:11:10 PM
2026-06-18
$165.00
6/18/2026, 11:12:41 PM
2026-07-17NextUpdated
$220.00
7/3/2026, 11:12:58 PM
2026-08-21
$240.00
7/3/2026, 11:12:58 PM
2026-09-18
$160.00
7/3/2026, 11:12:58 PM
2026-11-20
$195.00
7/3/2026, 11:12:58 PM
2026-12-18
$125.00
7/3/2026, 11:12:58 PM
2027-03-19
$95.00
7/3/2026, 11:12:58 PM
2027-05-21
$140.00
7/3/2026, 11:12:58 PM
Selected expiration: 2026-07-17 at max pain $220.00.
ENVA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
115
0
1985500
1985500
120
0
1845500
1845500
125
0
1713000
1713000
130
500
1591500
1592000
135
1000
1472000
1473000
140
1500
1364000
1365500
145
2000
1257500
1259500
150
3500
1152500
1156000
155
5000
1051000
1056000
160
6500
951500
958000
165
9000
855000
864000
170
12500
761500
774000
175
18000
670000
688000
180
25500
583000
608500
185
36500
502000
538500
190
49000
423500
472500
195
72000
346500
418500
200
103500
271000
374500
210
173500
133000
306500
220
261500
0
261500
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.