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 Emerson Electric options about one week from expiration was $164.29. The chart above shows the exact max pain for each expiration date.

Emerson Electric closed above its near-term max pain on 20 of the last 20 trading days. On Nov 4, 2026 it closed at $170.48, 3.8% above max pain of $164.29.

Over the last 20 trading days, near-term max pain for Emerson Electric ranged from $143.00 to $164.29. It went from $151.43 on Oct 8, 2026 to $164.29 on Nov 4, 2026. See the EMR max pain history for a longer view.

Founded in 1890 as the first manufacturer of electric fans in North America, Emerson Electric has become a leading industrial automation player through the acquisition of established brands.