AltShares Event-Driven ETF (EVNT) Max Pain Analysis
Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.
AltShares Event-Driven ETF (EVNT) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $6.1M, listed on AMEX, carrying a beta of 0.32 to the broader market. To pursue the fund's investment objective, the adviser employs a "long/short" event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the "adviser") believes are or will be impacted by a publicly announced or anticipated corporate event. public since 2021-09-20.
Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for EVNT as of 2026-06-02; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.