This page reflects EQX 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 — EQX
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $10.00 (1.45 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.32
±11.6%
Days to Expiry
3
Calendar days
Total Call OI
9,803
Nearest expiry
Total Put OI
11,382
Nearest expiry
P/C OI Ratio
1.16
Put-heavy
Spot Price
$11.45
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
$12.50
6/18/2026, 11:12:15 PM
2026-07-17
$10.00
7/17/2026, 11:14:15 PM
2026-08-21NextUpdated
$10.00
8/18/2026, 11:12:27 PM
2026-09-18
$10.00
8/18/2026, 11:12:27 PM
2026-10-16
$10.00
8/18/2026, 11:12:27 PM
2027-01-15
$7.50
8/18/2026, 11:12:27 PM
Selected expiration: 2026-08-21 at max pain $10.00.
EQX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
8182250
8182250
5
2000
5337500
5339500
7.5
14750
2492750
2507500
10
95750
69250
165000
12.5
1928500
1750
1930250
15
4353000
1000
4354000
17.5
6803000
500
6803500
20
9253500
250
9253750
22.5
11704000
0
11704000
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.