thetaOwl

EXR

Extra Space Storage IncClose $133.25EOD only
Max Pain
$140.00
Next expiry Oct 16, 2026
Expected Move
±$4.80
3.6% from close
Price Gap
+6.75
Distance to max pain
IV Rank
8
Low premium
P/C OI
1.28
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

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

Published Snapshot
Oct 2, 2026 close
Max Pain — EXR
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $140.00 (6.75 above 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
±$4.80
±3.6%
Days to Expiry
14
Calendar days
Total Call OI
2,175
Nearest expiry
Total Put OI
1,473
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$133.25
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$150.008/21/2026, 11:13:45 PM
2026-09-18$140.009/18/2026, 11:13:36 PM
2026-10-16NextUpdated$140.0010/2/2026, 11:09:50 PM
2026-11-20$140.0010/2/2026, 11:09:50 PM
2026-12-18$140.0010/2/2026, 11:09:50 PM
2027-03-19$145.0010/2/2026, 11:09:50 PM
Selected expiration: 2026-10-16 at max pain $140.00.
EXR pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
110032020003202000
115024690002469000
120017420001742000
125010200001020000
1301000310500311500
1352000128000130000
14043000043000
1451460000146000
1503325000332500
155141050001410500
160249250002492500
165357550003575500
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.