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 DaVita options about one week from expiration was $185.11. The chart above shows the exact max pain for each expiration date.

DaVita closed above its near-term max pain on 14 of the last 20 trading days. On Nov 4, 2026 it closed at $192.54, 4.0% above max pain of $185.11.

Over the last 20 trading days, near-term max pain for DaVita ranged from $180.00 to $185.32. It went from $180.05 on Oct 8, 2026 to $185.11 on Nov 4, 2026. See the DVA max pain history for a longer view.

DaVita is one of the largest providers of dialysis services in the United States, boasting a market share of about 35%.