Edwards Lifesciences CorporatioClose $83.20EOD only
Max Pain
$82.50
Next expiry Jun 18, 2026
Expected Move
±$5.42
6.5% from close
Price Gap
-0.70
Distance to max pain
IV Rank
3
Low premium
P/C OI
1.07
Balanced positioning
Consensus
—
No reports available
Published snapshot: May 21, 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
May 21, 2026 close
Max Pain — EW
Data as of market close May 21, 2026
Nearest listed expiration 2026-06-18 shows max pain at $82.50 (0.70 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$82.50
Nearest expiry
Expected Move
±$5.42
±6.5%
Days to Expiry
28
Calendar days
Total Call OI
6,771
Nearest expiry
Total Put OI
6,919
Nearest expiry
P/C OI Ratio
1.02
Put-heavy
Spot Price
$83.20
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
$80.00
4/17/2026, 11:10:53 PM
2026-05-15
$80.00
5/15/2026, 11:10:36 PM
2026-06-18NextUpdated
$82.50
5/21/2026, 11:12:00 PM
2026-07-17
$72.50
5/21/2026, 11:12:00 PM
2026-08-21
$75.00
5/21/2026, 11:12:00 PM
2026-09-18
$77.50
5/21/2026, 11:12:00 PM
2026-11-20
$77.50
5/21/2026, 11:12:00 PM
2026-12-18
$82.50
5/21/2026, 11:12:00 PM
2027-01-15
$80.00
5/21/2026, 11:12:00 PM
2027-03-19
$80.00
5/21/2026, 11:12:00 PM
Selected expiration: 2026-06-18 at max pain $82.50.
EW pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
37.5
0
26314000
26314000
42.5
0
22857000
22857000
45
0
21128750
21128750
47.5
500
19400750
19401250
50
1000
17673000
17674000
55
2000
14218000
14220000
60
3500
10767000
10770500
62.5
4500
9047500
9052000
65
5500
7473000
7478500
67.5
8250
5933000
5941250
70
11000
4405750
4416750
72.5
16500
3238500
3255000
75
22500
2111750
2134250
77.5
46500
1197750
1244250
80
244500
507500
752000
82.5
493000
113250
606250
85
843500
26250
869750
87.5
1439500
11250
1450750
90
2508250
250
2508500
92.5
3762500
0
3762500
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.