This page reflects EXR 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 — EXR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $145.00 (4.34 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$145.00
Nearest expiry
Expected Move
±$5.65
±3.8%
Days to Expiry
15
Calendar days
Total Call OI
1,992
Nearest expiry
Total Put OI
2,292
Nearest expiry
P/C OI Ratio
1.15
Put-heavy
Spot Price
$149.34
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
$140.00
5/15/2026, 11:14:39 PM
2026-06-18
$145.00
6/18/2026, 11:13:13 PM
2026-07-17NextUpdated
$145.00
7/3/2026, 11:12:51 PM
2026-08-21
$150.00
7/3/2026, 11:12:51 PM
2026-09-18
$140.00
7/3/2026, 11:12:51 PM
2026-12-18
$140.00
7/3/2026, 11:12:51 PM
Selected expiration: 2026-07-17 at max pain $145.00.
EXR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
4880000
4880000
120
0
2589000
2589000
125
0
1453500
1453500
130
0
319500
319500
135
0
33000
33000
140
0
12000
12000
145
5500
2000
7500
150
32000
0
32000
155
944000
0
944000
160
1880500
0
1880500
165
2848000
0
2848000
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.