Equity LifeStyle Properti... (ELS)
Equity LifeStyle Properties Max Pain By Strike
ELS trades at $59.52, pinned near the near-term max pain of $60 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($30-$60), signaling increased put positioning or downside protection. Key magnetic zone at 60 where 2 expirations converge.
Equity LifeStyle Properties Max Pain By Expiry
Max pain for ELS shows a downward trend from 60 to 30, indicating bearish sentiment or hedging activity. The 59% spread signals divergent expectations across timeframes. Levels distributed around 59.52. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 60 | 0.48 (0.80%) |
| Oct 17, 2025 | 30 | -29.52 (-49.60%) |
| Nov 21, 2025 | 60 | 0.48 (0.80%) |
| Feb 20, 2026 | 55 | -4.52 (-7.60%) |