Edwards Lifesciences CorporatioClose $92.28EOD only
Max Pain
$85.00
Next expiry Aug 21, 2026
Expected Move
±$1.50
1.6% from close
Price Gap
-7.28
Distance to max pain
IV Rank
60
High premium
P/C OI
1.09
Balanced positioning
Consensus
—
No reports available
Published snapshot: Aug 19, 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
Aug 19, 2026 close
Max Pain — EW
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $85.00 (7.28 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
±$1.50
±1.6%
Days to Expiry
2
Calendar days
Total Call OI
8,216
Nearest expiry
Total Put OI
10,282
Nearest expiry
P/C OI Ratio
1.25
Put-heavy
Spot Price
$92.28
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$85.00
6/18/2026, 11:12:40 PM
2026-07-17
$85.00
7/17/2026, 11:14:52 PM
2026-08-21NextUpdated
$85.00
8/19/2026, 11:14:39 PM
2026-09-18
$85.00
8/19/2026, 11:14:39 PM
2026-11-20
$90.00
8/19/2026, 11:14:39 PM
2026-12-18
$85.00
8/19/2026, 11:14:39 PM
2027-01-15
$85.00
8/19/2026, 11:14:39 PM
2027-02-19
$95.00
8/19/2026, 11:14:39 PM
2027-03-19
$85.00
8/19/2026, 11:14:39 PM
2027-06-17
$90.00
8/19/2026, 11:14:39 PM
Selected expiration: 2026-08-21 at max pain $85.00.
EW pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
42.5
0
35431250
35431250
45
500
32861250
32861750
47.5
1750
30291250
30293000
55
16000
22581250
22597250
60
25500
17441250
17466750
65
35000
12336250
12371250
70
45000
7421250
7466250
72.5
53500
5090000
5143500
75
62000
2802250
2864250
77.5
84000
1575750
1659750
80
117750
990750
1108500
82.5
159500
519000
678500
85
355750
248500
604250
87.5
850750
108750
959500
90
1693500
24000
1717500
92.5
2670750
3000
2673750
95
3902000
500
3902500
97.5
5480750
0
5480750
100
7196250
0
7196250
105
11179750
0
11179750
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.