This page reflects NTNX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — NTNX
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $45.00 (0.03 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$7.25
±16.1%
Days to Expiry
29
Calendar days
Total Call OI
17,585
Nearest expiry
Total Put OI
2,609
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$45.03
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$40.00
4/17/2026, 11:22:48 PM
2026-05-15
$37.50
5/15/2026, 11:26:42 PM
2026-06-18NextUpdated
$45.00
5/20/2026, 11:22:46 PM
2026-07-17
$42.50
5/20/2026, 11:22:46 PM
2026-09-18
$47.50
5/20/2026, 11:22:46 PM
2026-10-16
$42.50
5/20/2026, 11:22:46 PM
2027-01-15
$57.50
5/20/2026, 11:22:46 PM
Selected expiration: 2026-06-18 at max pain $45.00.
NTNX pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
7011000
7011000
22.5
3250
6358750
6362000
25
6500
5710000
5716500
27.5
10750
5068750
5079500
30
15000
4429500
4444500
32.5
29750
3794500
3824250
35
50500
3175250
3225750
37.5
83500
2602250
2685750
40
120250
2179500
2299750
42.5
237750
1820500
2058250
45
380000
1521500
1901500
47.5
863500
1302250
2165750
50
2616000
1107500
3723500
52.5
4684500
920250
5604750
55
8126500
742500
8869000
57.5
11856500
637250
12493750
60
15623500
554000
16177500
62.5
19556250
471500
20027750
65
23592500
394500
23987000
67.5
27655000
326250
27981250
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.