This page reflects EQIX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — EQIX
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $1030.00 (55.09 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1030.00
Nearest expiry
Expected Move
±$25.00
±2.3%
Days to Expiry
3
Calendar days
Total Call OI
1,968
Nearest expiry
Total Put OI
6,105
Nearest expiry
P/C OI Ratio
3.10
Put-heavy
Spot Price
$1085.09
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$1000.00
6/18/2026, 11:12:05 PM
2026-07-17
$1050.00
7/17/2026, 11:13:56 PM
2026-08-21NextUpdated
$1030.00
8/18/2026, 11:10:56 PM
2026-09-18
$1040.00
8/18/2026, 11:10:56 PM
2026-10-16
$1040.00
8/18/2026, 11:10:56 PM
2026-11-20
$1030.00
8/18/2026, 11:10:56 PM
2026-12-18
$1000.00
8/18/2026, 11:10:56 PM
2027-03-19
$1030.00
8/18/2026, 11:10:56 PM
2027-06-17
$1050.00
8/18/2026, 11:10:56 PM
Selected expiration: 2026-08-21 at max pain $1030.00.
EQIX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
700
0
169137000
169137000
710
0
163043000
163043000
720
0
156951000
156951000
730
4000
150860000
150864000
740
8000
144770000
144778000
750
14000
138682000
138696000
760
22000
132630000
132652000
780
38000
120570000
120608000
790
46000
114541000
114587000
800
54000
108513000
108567000
810
63000
102742000
102805000
830
81000
91304000
91385000
840
90000
85585000
85675000
850
99000
79867000
79966000
860
108000
74159000
74267000
870
165000
68453000
68618000
880
222000
62752000
62974000
890
279000
57057000
57336000
900
336000
51381000
51717000
910
393000
45769000
46162000
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.