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 EPR Properties options about one week from expiration was $55.00. The chart above shows the exact max pain for each expiration date.

EPR Properties closed above its near-term max pain on 14 of the last 20 trading days. On Nov 4, 2026 it closed at $60.77, 10.5% above max pain of $55.00.

Over the last 20 trading days, near-term max pain for EPR Properties ranged from $54.57 to $55.00. It went from $55.00 on Oct 8, 2026 to $55.00 on Nov 4, 2026. See the EPR max pain history for a longer view.

EPR Properties is a real estate investment trust that focuses on underwriting experiential property investments on key industry and property cash flow criteria, and the credit metrics of tenants and customers.