This page reflects EQR 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 — EQR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $67.50 (2.33 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$67.50
Nearest expiry
Expected Move
±$2.95
±4.2%
Days to Expiry
15
Calendar days
Total Call OI
877
Nearest expiry
Total Put OI
3,801
Nearest expiry
P/C OI Ratio
4.33
Put-heavy
Spot Price
$69.83
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$62.50
5/15/2026, 11:12:17 PM
2026-06-18
$65.00
6/18/2026, 11:15:52 PM
2026-07-17NextUpdated
$67.50
7/3/2026, 11:10:02 PM
2026-08-21
$65.00
7/3/2026, 11:10:02 PM
2026-10-16
$62.50
7/3/2026, 11:10:02 PM
2026-12-18
$60.00
7/3/2026, 11:10:02 PM
2027-01-15
$65.00
7/3/2026, 11:10:02 PM
Selected expiration: 2026-07-17 at max pain $67.50.
EQR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
32.5
0
9784250
9784250
35
0
8834250
8834250
45
0
5035250
5035250
47.5
0
4168500
4168500
50
0
3320750
3320750
52.5
0
2508500
2508500
55
0
1783500
1783500
57.5
0
1204750
1204750
60
500
678750
679250
62.5
1750
247500
249250
65
19000
50000
69000
67.5
38500
4750
43250
70
182250
250
182500
72.5
368250
0
368250
75
555750
0
555750
80
962750
0
962750
85
1400750
0
1400750
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.