This page reflects ENVX 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 — ENVX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $6.00 (0.64 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.52
±9.7%
Days to Expiry
8
Calendar days
Total Call OI
7,860
Nearest expiry
Total Put OI
1,704
Nearest expiry
P/C OI Ratio
0.22
Put-heavy
Spot Price
$5.36
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$7.00
6/26/2026, 11:12:05 PM
2026-07-02
$6.50
7/2/2026, 11:11:50 PM
2026-07-10NextUpdated
$6.00
7/3/2026, 11:11:43 PM
2026-07-17
$6.00
7/3/2026, 11:11:43 PM
2026-07-24
$7.00
7/3/2026, 11:11:43 PM
2026-07-31
$7.00
7/3/2026, 11:11:43 PM
2026-08-07
$8.00
7/3/2026, 11:11:43 PM
2026-08-21
$7.00
7/3/2026, 11:11:43 PM
2026-10-16
$5.00
7/3/2026, 11:11:43 PM
2027-01-15
$7.00
7/3/2026, 11:11:43 PM
Selected expiration: 2026-07-10 at max pain $6.00.
ENVX pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
891600
891600
2.5
2400
636000
638400
3
3250
550800
554050
3.5
4200
465600
469800
4
5250
380400
385650
4.5
6300
295800
302100
5
7350
217200
224550
5.5
8500
140950
149450
6
10300
82850
93150
6.5
92000
45600
137600
7
249500
23350
272850
7.5
462450
12150
474600
8
806750
7750
814500
8.5
1157700
6100
1163800
9
1518700
4800
1523500
9.5
1888800
3550
1892350
10
2259350
2300
2261650
10.5
2639100
1150
2640250
11
3019050
0
3019050
11.5
3399100
0
3399100
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.