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 Ichor options about one week from expiration was $42.38. The chart above shows the exact max pain for each expiration date.

Ichor closed above its near-term max pain on 2 of the last 20 trading days. On Nov 4, 2026 it closed at $33.71, 20.5% below max pain of $42.38.

Over the last 20 trading days, near-term max pain for Ichor ranged from $42.36 to $57.86. It went from $57.56 on Oct 8, 2026 to $42.38 on Nov 4, 2026. See the ICHR max pain history for a longer view.

Ichor Holdings Ltd designs, engineers, and manufactures critical fluid delivery subsystems and components mainly for semiconductor capital equipment, along with solutions for defense/aerospace and medical industries.