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 Veeco Instruments options about one week from expiration was $38.18. The chart above shows the exact max pain for each expiration date.

Veeco Instruments closed above its near-term max pain on 8 of the last 20 trading days. On Nov 4, 2026 it closed at $35.97, 5.8% below max pain of $38.18.

Over the last 20 trading days, near-term max pain for Veeco Instruments ranged from $37.85 to $45.85. It went from $40.05 on Oct 8, 2026 to $38.18 on Nov 4, 2026. See the VECO max pain history for a longer view.

Veeco Instruments Inc is a United States-based company engaged in designing, developing, and manufacturing thin-film process equipment, mainly used for producing electronic devices.