This page reflects BB options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — BB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $8.50 (0.80 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$8.50
Nearest expiry
Expected Move
±$0.61
±6.6%
Days to Expiry
7
Calendar days
Total Call OI
20,553
Nearest expiry
Total Put OI
5,073
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$9.30
Published close
Consensus
-
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
$8.00
9/25/2026, 11:05:23 PM
2026-10-02Updated
$8.00
10/2/2026, 11:06:30 PM
2026-10-09Next
$8.50
10/2/2026, 11:06:30 PM
2026-10-16
$8.00
10/2/2026, 11:06:30 PM
2026-10-23
$8.00
10/2/2026, 11:06:30 PM
2026-10-30
$8.50
10/2/2026, 11:06:30 PM
2026-11-06
$8.00
10/2/2026, 11:06:30 PM
2026-11-20
$8.00
10/2/2026, 11:06:30 PM
2026-12-18
$7.00
10/2/2026, 11:06:30 PM
2027-01-15
$4.50
10/2/2026, 11:06:30 PM
2027-03-19
$7.00
10/2/2026, 11:06:30 PM
Selected expiration: 2026-10-09 at max pain $8.50.
BB pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
3141050
3141050
3
1200
2633750
2634950
3.5
2050
2380100
2382150
4
3150
2126450
2129600
4.5
4450
1872800
1877250
5
5950
1619150
1625100
5.5
7600
1365500
1373100
6
9600
1112350
1121950
6.5
12600
859350
871950
7
15650
608150
623800
7.5
25400
407550
432950
8
41450
243750
285200
8.5
130400
105850
236250
9
344950
17450
362400
9.5
778600
2500
781100
10
1499550
2100
1501650
10.5
2370250
1700
2371950
11
3285200
1300
3286500
11.5
4259000
950
4259950
12
5240150
600
5240750
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.