Brookfield Asset Management IncClose $51.47EOD only
Max Pain
$45.00
Next expiry Aug 21, 2026
Expected Move
±$1.55
3.0% from close
Price Gap
-6.47
Distance to max pain
IV Rank
17
Low premium
P/C OI
1.13
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects BAM 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 — BAM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $45.00 (6.47 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$1.55
±3.0%
Days to Expiry
3
Calendar days
Total Call OI
3,586
Nearest expiry
Total Put OI
4,244
Nearest expiry
P/C OI Ratio
1.18
Put-heavy
Spot Price
$51.47
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
$47.50
6/18/2026, 11:04:56 PM
2026-07-17
$47.50
7/17/2026, 11:06:15 PM
2026-08-21NextUpdated
$45.00
8/18/2026, 11:05:43 PM
2026-09-18
$52.50
8/18/2026, 11:05:43 PM
2026-10-16
$47.50
8/18/2026, 11:05:43 PM
2027-01-15
$42.50
8/18/2026, 11:05:43 PM
Selected expiration: 2026-08-21 at max pain $45.00.
BAM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
32.5
0
4761750
4761750
35
0
3702750
3702750
37.5
250
2647750
2648000
40
39250
1651000
1690250
42.5
129000
903000
1032000
45
224250
410500
634750
47.5
478000
178000
656000
50
915250
40250
955500
52.5
1500750
10000
1510750
55
2184250
3000
2187250
57.5
2978250
0
2978250
60
3870250
0
3870250
70
7450250
0
7450250
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.