This page reflects BB 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 — BB
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $11.00 (0.51 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$11.00
Nearest expiry
Expected Move
±$1.32
±11.5%
Days to Expiry
8
Calendar days
Total Call OI
24,383
Nearest expiry
Total Put OI
14,566
Nearest expiry
P/C OI Ratio
0.60
Put-heavy
Spot Price
$11.51
Published close
Consensus
-
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
$9.00
6/26/2026, 11:05:30 PM
2026-07-02
$10.00
7/2/2026, 11:05:35 PM
2026-07-10NextUpdated
$11.00
7/3/2026, 11:05:44 PM
2026-07-17
$9.00
7/3/2026, 11:05:44 PM
2026-07-24
$10.00
7/3/2026, 11:05:44 PM
2026-07-31
$9.00
7/3/2026, 11:05:44 PM
2026-08-07
$4.00
7/3/2026, 11:05:44 PM
2026-08-21
$10.00
7/3/2026, 11:05:44 PM
2026-09-18
$5.00
7/3/2026, 11:05:44 PM
2026-12-18
$5.50
7/3/2026, 11:05:44 PM
2027-01-15
$4.00
7/3/2026, 11:05:44 PM
2027-03-19
$7.00
7/3/2026, 11:05:44 PM
Selected expiration: 2026-07-10 at max pain $11.00.
BB pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
12500950
12500950
2.5
2250
11772650
11774900
3
4750
11044400
11049150
3.5
7550
10316150
10323700
4
10450
9587900
9598350
4.5
13500
8859650
8873150
5
16800
8131550
8148350
5.5
20250
7404050
7424300
6
25550
6676550
6702100
6.5
30950
5951600
5982550
7
39350
5227300
5266650
7.5
56700
4560800
4617500
8
79000
3915500
3994500
8.5
130250
3309150
3439400
9
218900
2727800
2946700
9.5
393450
2187400
2580850
10
622800
1676700
2299500
10.5
916300
1231550
2147850
11
1240850
840200
2081050
11.5
1662850
557400
2220250
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.