thetaOwl

ANET

Arista Networks, Inc.Close $159.99EOD only
Max Pain
$160.00
Next expiry Jul 10, 2026
Expected Move
±$11.07
6.9% from close
Price Gap
+0.01
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.90
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 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
Jul 2, 2026 close
Max Pain — ANET
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $160.00 (0.01 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$11.07
±6.9%
Days to Expiry
8
Calendar days
Total Call OI
6,184
Nearest expiry
Total Put OI
5,093
Nearest expiry
P/C OI Ratio
0.82
Put-heavy
Spot Price
$159.99
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$165.006/26/2026, 11:02:51 PM
2026-07-02$160.007/2/2026, 11:03:28 PM
2026-07-10NextUpdated$160.007/3/2026, 11:02:53 PM
2026-07-17$155.007/3/2026, 11:02:53 PM
2026-07-24$165.007/3/2026, 11:02:53 PM
2026-07-31$162.507/3/2026, 11:02:53 PM
2026-08-07$150.007/3/2026, 11:02:53 PM
2026-08-21$150.007/3/2026, 11:02:53 PM
2026-09-18$140.007/3/2026, 11:02:53 PM
2026-10-16$150.007/3/2026, 11:02:53 PM
2026-11-20$165.007/3/2026, 11:02:53 PM
2026-12-18$145.007/3/2026, 11:02:53 PM
2027-01-15$120.007/3/2026, 11:02:53 PM
2027-03-19$145.007/3/2026, 11:02:53 PM
2027-06-17$145.007/3/2026, 11:02:53 PM
Selected expiration: 2026-07-10 at max pain $160.00.
ANET pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
9003050670030506700
100470002541370025460700
105760002294270023018700
1101050002050220020607200
1151340001807070018204700
1201630001564820015811200
1251920001323870013430700
1292156001138430011599900
1302216001092070011142300
1322516001000810010259700
13529660086407008937300
13732800077427008070700
13834370072945007638200
13935990068493007209200
14037620064115006787700
14139400060143006408300
14241290056242006037100
14343510052352005670300
14446430048512005315500
14549670044729004969600
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.