ELV Max Pain
ELV Max Pain by Expiry
The Max Pain for all expiration dates of ELV.
| Expiration | Max Pain | Max Pain vs Current Price |
|---|---|---|
ELV Max Pain FAQ
What is max pain?
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.
What is ELV max pain this week?
As of the Nov 4, 2026 close, max pain for Elevance Health options about one week from expiration was $419.77. The chart above shows the exact max pain for each expiration date.
Does ELV trade above or below its max pain?
Elevance Health closed above its near-term max pain on 17 of the last 20 trading days. On Nov 4, 2026 it closed at $434.25, 3.4% above max pain of $419.77.
How has ELV max pain changed recently?
Over the last 20 trading days, near-term max pain for Elevance Health ranged from $389.99 to $419.77. It went from $389.99 on Oct 8, 2026 to $419.77 on Nov 4, 2026. See the ELV max pain history for a longer view.
What is Elevance Health Inc?
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 45 million medical members at the end of 2025.