This page reflects ENVA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — ENVA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $170.00 (2.89 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$170.00
Nearest expiry
Expected Move
±$9.75
±5.6%
Days to Expiry
14
Calendar days
Total Call OI
523
Nearest expiry
Total Put OI
148
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$172.89
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
$240.00
8/21/2026, 11:12:30 PM
2026-09-18
$170.00
9/18/2026, 11:11:44 PM
2026-10-16NextUpdated
$170.00
10/2/2026, 11:11:57 PM
2026-11-20
$170.00
10/2/2026, 11:11:57 PM
2026-12-18
$170.00
10/2/2026, 11:11:57 PM
2027-03-19
$170.00
10/2/2026, 11:11:57 PM
2027-05-21
$175.00
10/2/2026, 11:11:57 PM
Selected expiration: 2026-10-16 at max pain $170.00.
ENVA pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
553500
553500
125
3000
488500
491500
135
9000
361500
370500
140
12500
298000
310500
145
16000
239000
255000
150
21000
180500
201500
155
28500
136500
165000
160
36000
94500
130500
165
47500
62000
109500
170
59000
39500
98500
175
99500
25500
125000
180
236000
19000
255000
185
387500
14000
401500
190
563500
9000
572500
195
754500
4000
758500
200
951000
2000
953000
210
1375000
1000
1376000
220
1800000
0
1800000
230
2225000
0
2225000
240
2663000
0
2663000
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.