Nearest listed expiration 2026-07-10 shows max pain at $57.00 (1.73 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$57.00
Nearest expiry
Expected Move
±$1.34
±2.3%
Days to Expiry
8
Calendar days
Total Call OI
40,868
Nearest expiry
Total Put OI
18,426
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$58.73
Published close
Consensus
8.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$57.00
6/26/2026, 11:06:00 PM
2026-07-02
$57.00
7/2/2026, 11:06:50 PM
2026-07-10NextUpdated
$57.00
7/3/2026, 11:06:16 PM
2026-07-17
$52.50
7/3/2026, 11:06:16 PM
2026-07-24
$57.00
7/3/2026, 11:06:16 PM
2026-07-31
$53.00
7/3/2026, 11:06:16 PM
2026-08-07
$56.00
7/3/2026, 11:06:16 PM
2026-08-21
$55.00
7/3/2026, 11:06:16 PM
2026-09-18
$52.50
7/3/2026, 11:06:16 PM
2026-10-16
$52.50
7/3/2026, 11:06:16 PM
2026-11-20
$50.00
7/3/2026, 11:06:16 PM
2026-12-18
$45.00
7/3/2026, 11:06:16 PM
2027-01-15
$50.00
7/3/2026, 11:06:16 PM
2027-02-19
$57.50
7/3/2026, 11:06:16 PM
2027-03-19
$55.00
7/3/2026, 11:06:16 PM
2027-04-16
$52.50
7/3/2026, 11:06:16 PM
2027-06-17
$50.00
7/3/2026, 11:06:16 PM
Selected expiration: 2026-07-10 at max pain $57.00.
BAC pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
44325050
44325050
35
1500
35112550
35114050
39
3100
27743350
27746450
40
3600
25901050
25904650
41
4200
24058850
24063050
42
5000
22216650
22221650
43
6200
20374450
20380650
44
7900
18557650
18565550
45
10300
16741050
16751350
46
13200
14930450
14943650
47
16500
13121850
13138350
48
20700
11361050
11381750
49
26100
9667750
9693850
50
34200
8198350
8232550
51
43600
6766950
6810550
51.5
50500
6057650
6108150
52
57450
5354450
5411900
52.5
69350
4676650
4746000
53
81300
4016000
4097300
54
112200
2781900
2894100
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.