Brookfield Asset Management IncClose $45.87EOD only
Max Pain
$47.50
Next expiry Jul 17, 2026
Expected Move
±$2.55
5.6% from close
Price Gap
+1.63
Distance to max pain
IV Rank
10
Low premium
P/C OI
2.21
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 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
Jul 2, 2026 close
Max Pain — BAM
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $47.50 (1.63 above 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
±$2.55
±5.6%
Days to Expiry
15
Calendar days
Total Call OI
7,104
Nearest expiry
Total Put OI
24,911
Nearest expiry
P/C OI Ratio
3.51
Put-heavy
Spot Price
$45.87
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
$47.50
5/15/2026, 11:06:23 PM
2026-06-18
$47.50
6/18/2026, 11:04:56 PM
2026-07-17NextUpdated
$47.50
7/3/2026, 11:04:55 PM
2026-08-21
$45.00
7/3/2026, 11:04:55 PM
2026-10-16
$47.50
7/3/2026, 11:04:55 PM
2027-01-15
$45.00
7/3/2026, 11:04:55 PM
Selected expiration: 2026-07-17 at max pain $47.50.
BAM pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
38404750
38404750
27.5
0
32177500
32177500
30
0
25953500
25953500
32.5
500
19732250
19732750
35
1000
13519250
13520250
37.5
4500
9819500
9824000
40
8250
6375500
6383750
42.5
62750
3324250
3387000
45
135000
424500
559500
47.5
254500
81500
336000
50
515500
0
515500
52.5
994750
0
994750
55
1561500
0
1561500
57.5
3283750
0
3283750
60
5012500
0
5012500
65
8500500
0
8500500
70
12019500
0
12019500
75
15571500
0
15571500
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.