This page reflects BBAI options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — BBAI
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $4.00 (0.08 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.00
Nearest expiry
Expected Move
±$0.24
±6.0%
Days to Expiry
2
Calendar days
Total Call OI
30,441
Nearest expiry
Total Put OI
13,088
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$4.08
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$4.00
5/8/2026, 11:04:45 PM
2026-05-15
$4.00
5/15/2026, 11:06:13 PM
2026-05-22NextUpdated
$4.00
5/20/2026, 11:05:22 PM
2026-05-29
$4.00
5/20/2026, 11:05:22 PM
2026-06-05
$4.50
5/20/2026, 11:05:22 PM
2026-06-12
$4.00
5/20/2026, 11:05:22 PM
2026-06-18
$4.00
5/20/2026, 11:05:22 PM
2026-06-26
$4.00
5/20/2026, 11:05:22 PM
2026-07-17
$5.00
5/20/2026, 11:05:22 PM
2026-09-18
$4.00
5/20/2026, 11:05:22 PM
2026-12-18
$5.00
5/20/2026, 11:05:22 PM
2027-01-15
$4.50
5/20/2026, 11:05:22 PM
Selected expiration: 2026-05-22 at max pain $4.00.
BBAI pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
3512150
3512150
1
1300
2857800
2859100
1.5
10750
2203850
2214600
2
24750
1549900
1574650
2.5
43800
1127850
1171650
3
68800
709600
778400
3.5
97750
333800
431550
4
161500
37550
199050
4.5
589900
4850
594750
5
1417650
2150
1419800
5.5
2581750
1200
2582950
6
3833500
700
3834200
6.5
5298350
300
5298650
7
6804100
100
6804200
7.5
8324550
0
8324550
8
9845000
0
9845000
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.