What is the max pain price for NTNX?

As of the latest delayed data, NTNX's max pain for the Fri, Oct 16 expiration is 60, versus a spot price of 66.96 (-10.4% away). It recomputes as open interest shifts.

What are the NTNX call and put walls?

For Fri, Oct 16, the largest call open interest sits at the 80 strike and the largest put open interest at 35.

Is max pain a price prediction?

No. It is a positioning snapshot — the settle price that would minimize option writers’ payout. The theory that prices drift toward it is contested, and nothing on this page is investment advice.

Max pain // Cboe delayed data · as of Oct 16, 8:16 PM ET

NTNX max pain

Spot (delayed)$66.96

Max pain · Fri, Oct 16$60-10.4% vs spot

Expected move (ATM straddle)±$0.58±0.9% by Fri, Oct 16

Put/Call OI0.653K puts / 5K calls

Call wall$80largest call OI

Put wall$35largest put OI

IV3042.9%30-day implied vol

Net GEX+$294Kper 1% move

Fri, Oct 1660 Fri, Nov 2070 Fri, Dec 1860 Fri, Jan 1557.5 Fri, Apr 1665 Fri, Jan 2140 Fri, Jun 1632.5 Fri, Dec 1567.5+3 further out

Max pain levels

Expiry	Max pain	vs spot	DTE
Fri, Oct 16	$60	-10.4%	today
Fri, Nov 20	$70	+4.5%	35d
Fri, Dec 18	$60	-10.4%	63d
Fri, Jan 15	$57.5	-14.1%	91d
Fri, Apr 16	$65	-2.9%	182d
Fri, Jan 21	$40	-40.3%	462d
Fri, Jun 16	$32.5	-51.5%	609d
Fri, Dec 15	$67.5	+0.8%	791d

The writer-loss curve — where max pain comes from

■ put-side pain■ call-side painTotal payout option writers would owe at each settle price (both sides, all open interest, ×100 shares) — low settles hurt put writers, high settles hurt call writers. The minimum — 60 — is the max pain price.

Open interest by strike · Fri, Oct 16

■ calls (up)■ puts (down)NTNX open contracts per strike for Fri, Oct 16.

Open-interest change — building vs unwinding

Needs two observed snapshot days for this expiration — the comparison appears automatically once the next weekday snapshot lands. We diff real observations only; nothing is estimated.

Volume by strike · Fri, Oct 16

■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).

Greeks by strike · Fri, Oct 16

Call Δ	Call Θ	Strike	Γ	Vega	Put Θ	Put Δ
1.00	—	50	—	—	—	—
1.00	—	52.5	—	—	—	—
1.00	—	55	—	—	—	—
1.00	—	57.5	—	—	—	—
1.00	—	60	—	—	—	—
1.00	—	62.5	—	—	—	—
1.00	—	65	—	—	—	—
0.12	-0.03	67.5	0.4525	0.00	-0.03	-0.88
—	—	70	—	—	—	-1.00
—	—	72.5	—	—	—	-1.00
—	—	75	—	—	—	-1.00
—	—	77.5	—	—	—	-1.00
—	—	80	—	—	—	-1.00
—	—	85	—	—	—	-1.00
—	—	90	—	—	—	-1.00

Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 29 are in the CSV. Δ per $1 of underlying · Θ per day · vega per IV point.

Stacked — layer the expirations

All expirations combined — total open interest

■ calls (up)■ puts (down)Every expiration combined: 51K call contracts, 39K put contracts open.

Reading this honestly

Max pain is arithmetic, not prophecy: the settle price that would minimize what option writers pay out at expiration, computed from open interest alone. Prices sometimes gravitate toward heavy strikes into expiry — dealer hedging is a real flow — but the evidence that max pain predicts settlement better than chance is mixed, and we are not going to pretend otherwise. Use it as a map of where positioning is stacked, next to the fundamentals and the earnings calendar, not as a target.

Data: Cboe delayed public feed (~15 minutes), refreshed here about every 15 minutes. Open interest itself updates once daily, before the open. Educational information, not investment advice.

Keep going: NTNX workspace · max pain, explained in full · options profit calculator · GEX, defined · pin risk