This page reflects BBAI 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 — BBAI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $3.00 (0.12 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$3.00
Nearest expiry
Expected Move
±$0.19
±6.1%
Days to Expiry
3
Calendar days
Total Call OI
40,229
Nearest expiry
Total Put OI
12,167
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$3.12
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
2026-08-07
$3.00
8/7/2026, 11:05:46 PM
2026-08-14
$3.00
8/14/2026, 11:05:21 PM
2026-08-21NextUpdated
$3.00
8/18/2026, 11:06:16 PM
2026-08-28
$3.00
8/18/2026, 11:06:16 PM
2026-09-04
$3.00
8/18/2026, 11:06:16 PM
2026-09-11
$3.00
8/18/2026, 11:06:16 PM
2026-09-18
$4.00
8/18/2026, 11:06:16 PM
2026-09-25
$3.00
8/18/2026, 11:06:16 PM
2026-10-02
$3.00
8/18/2026, 11:06:16 PM
2026-12-18
$4.00
8/18/2026, 11:06:16 PM
2027-01-15
$4.00
8/18/2026, 11:06:16 PM
2027-03-19
$3.00
8/18/2026, 11:06:16 PM
Selected expiration: 2026-08-21 at max pain $3.00.
BBAI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
3428550
3428550
1
2250
2820200
2822450
1.5
6250
2212150
2218400
2
10900
1604100
1615000
2.5
22000
1040000
1062000
3
70450
526100
596550
3.5
382300
308900
691200
4
1290500
110600
1401100
4.5
2733250
78750
2812000
5
4231650
50150
4281800
5.5
6142900
30800
6173700
6
8054450
13800
8068250
7
12027150
200
12027350
8
16030050
0
16030050
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.