thetaOwl

ESLT

Elbit Systems Ltd.Close $771.00EOD only
Max Pain
$680.00
Next expiry Jun 18, 2026
Expected Move
±$43.60
5.7% from close
Price Gap
-91.00
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.72
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects ESLT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Max Pain — ESLT
Data as of market close May 19, 2026

Nearest listed expiration 2026-06-18 shows max pain at $680.00 (91.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$680.00
Nearest expiry
Expected Move
±$43.60
±5.7%
Days to Expiry
30
Calendar days
Total Call OI
943
Nearest expiry
Total Put OI
645
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$771.00
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$880.004/17/2026, 11:11:41 PM
2026-05-15$800.005/15/2026, 11:14:14 PM
2026-06-18NextUpdated$680.005/19/2026, 11:12:23 PM
2026-07-17$740.005/19/2026, 11:12:23 PM
2026-08-21$770.005/19/2026, 11:12:23 PM
2026-09-18$740.005/19/2026, 11:12:23 PM
2026-11-20$740.005/19/2026, 11:12:23 PM
2026-12-18$800.005/19/2026, 11:12:23 PM
Selected expiration: 2026-06-18 at max pain $680.00.
ESLT pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
23002765400027654000
24002701900027019000
25002639800026398000
26002577700025777000
27002515900025159000
28002454300024543000
29002394800023948000
30002335700023357000
31002278600022786000
32070002221500022222000
330160002164400021660000
340250002107400021099000
350340002050400020538000
360430001993400019977000
370660001936500019431000
3801060001879600018902000
3901510001822700018378000
4102470001709300017340000
4202950001652700016822000
4403950001539700015792000
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.