This page reflects EVR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — EVR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $340.00 (2.45 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$340.00
Nearest expiry
Expected Move
±$33.35
±9.9%
Days to Expiry
29
Calendar days
Total Call OI
2,663
Nearest expiry
Total Put OI
1,471
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$337.55
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$300.00
4/17/2026, 11:12:27 PM
2026-05-15
$310.00
5/15/2026, 11:13:57 PM
2026-06-18NextUpdated
$340.00
5/20/2026, 11:13:30 PM
2026-07-17
$280.00
5/20/2026, 11:13:30 PM
2026-09-18
$300.00
5/20/2026, 11:13:30 PM
2026-11-20
$250.00
5/20/2026, 11:13:30 PM
2026-12-18
$320.00
5/20/2026, 11:13:30 PM
Selected expiration: 2026-06-18 at max pain $340.00.
EVR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
150
0
20758000
20758000
155
0
20022500
20022500
160
1000
19287500
19288500
165
2000
18553500
18555500
170
3000
17819500
17822500
175
4500
17086000
17090500
180
6000
16353500
16359500
185
7500
15622500
15630000
190
9000
14898000
14907000
195
11500
14179500
14191000
200
14500
13461000
13475500
210
20500
12028000
12048500
220
31500
10595000
10626500
230
43500
9162000
9205500
240
57500
7750000
7807500
250
71500
6401000
6472500
260
85500
5074000
5159500
270
104500
3827000
3931500
280
123500
3055000
3178500
290
142500
2394000
2536500
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.