Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Benchmark Electronics options about one week from expiration was $70.31. The chart above shows the exact max pain for each expiration date.

Benchmark Electronics closed above its near-term max pain on 8 of the last 20 trading days. On Nov 4, 2026 it closed at $65.25, 7.2% below max pain of $70.31.

Over the last 20 trading days, near-term max pain for Benchmark Electronics ranged from $64.29 to $89.08. It went from $65.00 on Oct 8, 2026 to $70.31 on Nov 4, 2026. See the BHE max pain history for a longer view.

Benchmark Electronics Inc is engaged in product designing, engineering services, technology solutions, and manufacturing services (electronic manufacturing services (EMS) and precision technology services).