Edwards Lifesciences CorporatioClose $94.37EOD only
Max Pain
$85.00
Next expiry Jul 17, 2026
Expected Move
±$3.42
3.6% from close
Price Gap
-9.37
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.92
Balanced positioning
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects EW 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 — EW
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $85.00 (9.37 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$3.42
±3.6%
Days to Expiry
15
Calendar days
Total Call OI
4,550
Nearest expiry
Total Put OI
1,159
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$94.37
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
$80.00
5/15/2026, 11:10:36 PM
2026-06-18
$85.00
6/18/2026, 11:12:40 PM
2026-07-17NextUpdated
$85.00
7/3/2026, 11:11:10 PM
2026-08-21
$85.00
7/3/2026, 11:11:10 PM
2026-09-18
$77.50
7/3/2026, 11:11:10 PM
2026-11-20
$85.00
7/3/2026, 11:11:10 PM
2026-12-18
$85.00
7/3/2026, 11:11:10 PM
2027-01-15
$85.00
7/3/2026, 11:11:10 PM
2027-02-19
$105.00
7/3/2026, 11:11:10 PM
2027-03-19
$90.00
7/3/2026, 11:11:10 PM
2027-06-17
$80.00
7/3/2026, 11:11:10 PM
Selected expiration: 2026-07-17 at max pain $85.00.
EW pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
2604000
2604000
65
500
2024500
2025000
70
4500
1448000
1452500
72.5
6500
1162250
1168750
75
8500
879750
888250
77.5
11750
603000
614750
80
15000
333250
348250
82.5
27000
212750
239750
85
42000
108250
150250
87.5
288250
41000
329250
90
671750
3500
675250
92.5
1187750
750
1188500
95
2083500
0
2083500
100
4245000
0
4245000
105
6519500
0
6519500
115
11068500
0
11068500
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.