What is NEXA max pain this week?

NEXA max pain for the nearest expiration (2027-03-19) is $7.37. Total call open interest: 453. Total put open interest: 31.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options NEXAMax Pain

NEXA

Nexa Resources S.A.Close $13.49EOD only

Max Pain

$7.37

Next expiry Mar 19, 2027

Expected Move

±$3.65

27.1% from close

Price Gap

-6.12

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.28

Slightly call-heavy

Consensus

—

No reports available

Published snapshot: Aug 18, 2026 close

End-of-day snapshot

This page reflects NEXA 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 — NEXA

Data as of market close Aug 18, 2026

Nearest listed expiration 2027-03-19 shows max pain at $7.37 (6.12 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$7.37

Nearest expiry

Expected Move

±$3.65

±27.1%

Days to Expiry

213

Calendar days

Total Call OI

453

Nearest expiry

Total Put OI

Nearest expiry

P/C OI Ratio

0.07

Put-heavy

Spot Price

$13.49

Published close

Consensus

Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration

Selected: 2027-03-19

Expiration	Max Pain Strike	Last Updated
2026-06-18	$12.50	6/18/2026, 11:23:10 PM
2026-07-17	$12.50	7/17/2026, 11:26:42 PM
2026-08-21NextUpdated	$12.37	8/18/2026, 11:28:01 PM
2026-09-18	$12.37	8/18/2026, 11:28:01 PM
2026-12-18	$12.50	8/18/2026, 11:28:01 PM
2027-03-19	$7.37	8/18/2026, 11:28:01 PM

Selected expiration: 2027-03-19 at max pain $7.37.

NEXA pain by strike for 2027-03-19 expiration
Strike	Call Pain	Put Pain	Total Pain
2.37	0	39815	39815
2.5	117	39412	39529
4.87	4383	32065	36448
5	4695	31662	36357
7.37	11805	24315	36120
7.5	12338	23912	36250
9.87	24188	16565	40753
10	25033	16175	41208
12.37	40438	9302	49740
14.87	69938	2052	71990
17.37	122688	52	122740
17.5	128200	0	128200
19.87	229162	0	229162
20	234869	0	234869
24.87	454993	0	454993

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.