Establishment Labs Holdings IncClose $89.25EOD only
Max Pain
$80.00
Next expiry Jul 17, 2026
Expected Move
±$3.45
3.9% from close
Price Gap
-9.25
Distance to max pain
IV Rank
1
Low premium
P/C OI
0.53
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects ESTA 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 — ESTA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $80.00 (9.25 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$3.45
±3.9%
Days to Expiry
15
Calendar days
Total Call OI
1,569
Nearest expiry
Total Put OI
905
Nearest expiry
P/C OI Ratio
0.58
Put-heavy
Spot Price
$89.25
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
$65.00
5/15/2026, 11:15:30 PM
2026-06-18
$70.00
6/18/2026, 11:10:22 PM
2026-07-17NextUpdated
$80.00
7/3/2026, 11:12:46 PM
2026-08-21
$85.00
7/3/2026, 11:12:46 PM
2026-11-20
$67.50
7/3/2026, 11:12:46 PM
2026-12-18
$50.00
7/3/2026, 11:12:46 PM
Selected expiration: 2026-07-17 at max pain $80.00.
ESTA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
2359500
2359500
55
0
1908000
1908000
60
0
1457500
1457500
62.5
6250
1233500
1239750
65
12500
1009500
1022000
70
25000
563000
588000
72.5
34000
415000
449000
75
48500
267000
315500
77.5
88000
134750
222750
80
127750
87500
215250
82.5
170250
47500
217750
85
217750
20000
237750
87.5
378250
0
378250
90
689750
0
689750
95
1467750
0
1467750
110
3819750
0
3819750
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.