This page reflects NTNX 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 — NTNX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $47.50 (3.78 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
±$4.45
±8.7%
Days to Expiry
15
Calendar days
Total Call OI
10,546
Nearest expiry
Total Put OI
2,522
Nearest expiry
P/C OI Ratio
0.24
Put-heavy
Spot Price
$51.28
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
$37.50
5/15/2026, 11:26:42 PM
2026-06-18
$45.00
6/18/2026, 11:24:39 PM
2026-07-17NextUpdated
$47.50
7/3/2026, 11:24:05 PM
2026-08-21
$47.50
7/3/2026, 11:24:05 PM
2026-09-18
$50.00
7/3/2026, 11:24:05 PM
2026-10-16
$47.50
7/3/2026, 11:24:05 PM
2027-01-15
$57.50
7/3/2026, 11:24:05 PM
Selected expiration: 2026-07-17 at max pain $47.50.
NTNX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
6236000
6236000
22.5
500
5607000
5607500
25
1000
4978500
4979500
27.5
2750
4351000
4353750
30
5750
3730750
3736500
32.5
15250
3146250
3161500
35
26000
2582500
2608500
37.5
39750
2033250
2073000
40
69750
1524250
1594000
42.5
137500
1045750
1183250
45
224000
654750
878750
47.5
359500
334750
694250
50
1461250
120500
1581750
52.5
2656750
41500
2698250
55
4245750
1750
4247500
57.5
6358250
0
6358250
60
8618500
0
8618500
62.5
11111500
0
11111500
65
13687000
0
13687000
67.5
16296000
0
16296000
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.