thetaOwl

ANET

Arista Networks, Inc.Close $140.49EOD only
Max Pain
$140.00
Next expiry May 22, 2026
Expected Move
±$5.29
3.8% from close
Price Gap
-0.49
Distance to max pain
IV Rank
4
Low premium
P/C OI
1.03
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects ANET options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 20, 2026 close
Max Pain — ANET
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $140.00 (0.49 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$140.00
Nearest expiry
Expected Move
±$5.29
±3.8%
Days to Expiry
2
Calendar days
Total Call OI
16,384
Nearest expiry
Total Put OI
13,837
Nearest expiry
P/C OI Ratio
0.84
Put-heavy
Spot Price
$140.49
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$150.005/8/2026, 11:03:39 PM
2026-05-15$145.005/15/2026, 11:03:38 PM
2026-05-22NextUpdated$140.005/20/2026, 11:04:34 PM
2026-05-29$148.005/20/2026, 11:04:34 PM
2026-06-05$141.005/20/2026, 11:04:34 PM
2026-06-12$140.005/20/2026, 11:04:34 PM
2026-06-18$135.005/20/2026, 11:04:34 PM
2026-06-26$140.005/20/2026, 11:04:34 PM
2026-07-17$145.005/20/2026, 11:04:34 PM
2026-08-21$140.005/20/2026, 11:04:34 PM
2026-09-18$135.005/20/2026, 11:04:34 PM
2026-10-16$140.005/20/2026, 11:04:34 PM
2026-11-20$165.005/20/2026, 11:04:34 PM
2026-12-18$135.005/20/2026, 11:04:34 PM
2027-01-15$110.005/20/2026, 11:04:34 PM
2027-03-19$140.005/20/2026, 11:04:34 PM
Selected expiration: 2026-05-22 at max pain $140.00.
ANET pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
8007462825074628250
952055005387275054078250
1002740004699825047272250
1053535004012775040481250
1104335003327375033707250
1124657003053655031002250
1134828002916805029650850
1145002002780605028306250
1155182002644735026965550
1165365002511885025655350
1175572002379845024355650
1185805002248615023066650
1196072002118615021793350
1206566001988695020543550
1217274001861565019343050
1228016001735705018158650
1238775001610775016985250
1249546001487045015825050
12510341001363855014672650
12611172001248385013601050
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.