This page reflects NTNX 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 — NTNX
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $47.50 (18.33 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$47.50
Nearest expiry
Expected Move
±$2.33
±3.5%
Days to Expiry
3
Calendar days
Total Call OI
7,543
Nearest expiry
Total Put OI
1,188
Nearest expiry
P/C OI Ratio
0.16
Put-heavy
Spot Price
$65.83
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
$45.00
6/18/2026, 11:24:39 PM
2026-07-17
$47.50
7/17/2026, 11:27:28 PM
2026-08-21NextUpdated
$47.50
8/18/2026, 11:30:53 PM
2026-09-18
$50.00
8/18/2026, 11:30:53 PM
2026-10-16
$50.00
8/18/2026, 11:30:53 PM
2027-01-15
$57.50
8/18/2026, 11:30:53 PM
Selected expiration: 2026-08-21 at max pain $47.50.
NTNX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
2351500
2351500
37.5
3750
1460500
1464250
40
5000
1164000
1169000
42.5
6500
873500
880000
45
9000
588500
597500
47.5
11500
321750
333250
50
659750
196500
856250
52.5
1372000
123000
1495000
55
2110250
79500
2189750
57.5
2990500
48750
3039250
60
3920000
25750
3945750
62.5
5049000
12250
5061250
65
6321500
1250
6322750
67.5
7891500
0
7891500
70
9609750
0
9609750
72.5
11420500
0
11420500
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.