Nearest listed expiration 2026-10-09 shows max pain at $55.00 (1.25 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$1.46
±2.7%
Days to Expiry
7
Calendar days
Total Call OI
38,145
Nearest expiry
Total Put OI
31,487
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$53.75
Published close
Consensus
8.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$57.00
9/25/2026, 11:05:36 PM
2026-10-02Updated
$55.00
10/2/2026, 11:04:48 PM
2026-10-09Next
$55.00
10/2/2026, 11:04:48 PM
2026-10-16
$57.00
10/2/2026, 11:04:48 PM
2026-10-23
$56.00
10/2/2026, 11:04:48 PM
2026-10-30
$55.00
10/2/2026, 11:04:48 PM
2026-11-06
$54.00
10/2/2026, 11:04:48 PM
2026-11-20
$57.50
10/2/2026, 11:04:48 PM
2026-12-18
$55.00
10/2/2026, 11:04:48 PM
2027-01-15
$55.00
10/2/2026, 11:04:48 PM
2027-02-19
$60.00
10/2/2026, 11:04:48 PM
2027-03-19
$57.50
10/2/2026, 11:04:48 PM
2027-04-16
$55.00
10/2/2026, 11:04:48 PM
2027-05-21
$52.50
10/2/2026, 11:04:48 PM
2027-06-17
$52.50
10/2/2026, 11:04:48 PM
2027-07-16
$55.00
10/2/2026, 11:04:48 PM
2027-09-17
$55.00
10/2/2026, 11:04:48 PM
Selected expiration: 2026-10-09 at max pain $55.00.
BAC pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
57445100
57445100
40
3500
41702100
41705600
45
10500
25959100
25969600
47
15100
19667300
19682400
48
17400
16571000
16588400
49
21800
13505300
13527100
50
26800
10439600
10466400
51
37500
7636600
7674100
52
54100
4923000
4977100
53
80800
2554900
2635700
54
141800
638800
780600
55
362800
216500
579300
56
903200
45100
948300
57
2526600
3800
2530400
58
5254100
2600
5256700
59
8229400
1400
8230800
60
11472600
300
11472900
61
14865900
100
14866000
62
18303700
0
18303700
63
21830900
0
21830900
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.