thetaOwl

EPD

Enterprise Products Partners L.Close $36.75EOD only
Max Pain
$36.50
Next expiry Jul 10, 2026
Expected Move
±$0.83
2.3% from close
Price Gap
-0.25
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.20
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects EPD 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 — EPD
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $36.50 (0.25 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$36.50
Nearest expiry
Expected Move
±$0.83
±2.3%
Days to Expiry
8
Calendar days
Total Call OI
2,106
Nearest expiry
Total Put OI
1,368
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$36.75
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$37.006/26/2026, 11:12:43 PM
2026-07-02$36.507/2/2026, 11:12:52 PM
2026-07-10NextUpdated$36.507/3/2026, 11:10:58 PM
2026-07-17$36.007/3/2026, 11:10:58 PM
2026-07-24$37.007/3/2026, 11:10:58 PM
2026-07-31$37.007/3/2026, 11:10:58 PM
2026-08-07$37.007/3/2026, 11:10:58 PM
2026-08-21$37.007/3/2026, 11:10:58 PM
2026-09-18$35.007/3/2026, 11:10:58 PM
2026-12-18$35.007/3/2026, 11:10:58 PM
2027-01-15$32.007/3/2026, 11:10:58 PM
2027-03-19$30.007/3/2026, 11:10:58 PM
2027-06-17$35.007/3/2026, 11:10:58 PM
Selected expiration: 2026-07-10 at max pain $36.50.
EPD pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
25014425501442550
27011689501168950
30300758550758850
31400622350622750
32500487150487650
33600353250353850
33.51150292950294100
341700233150234850
34.52250173950176200
352800114800117600
35.533507990083250
3639004505048950
36.5165001615032650
3729800340033200
37.550650175052400
387285030073150
38.5117650150117800
391639000163900
402672000267200
414776000477600
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.