This page reflects BBIO 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 — BBIO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $60.00 (17.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$4.82
±6.3%
Days to Expiry
15
Calendar days
Total Call OI
25,011
Nearest expiry
Total Put OI
2,300
Nearest expiry
P/C OI Ratio
0.09
Put-heavy
Spot Price
$77.19
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
$67.50
5/15/2026, 11:05:07 PM
2026-06-18
$65.00
6/18/2026, 11:06:23 PM
2026-07-17NextUpdated
$60.00
7/3/2026, 11:05:33 PM
2026-08-21
$65.00
7/3/2026, 11:05:33 PM
2026-11-20
$65.00
7/3/2026, 11:05:33 PM
2027-01-15
$55.00
7/3/2026, 11:05:33 PM
2027-02-19
$45.00
7/3/2026, 11:05:33 PM
Selected expiration: 2026-07-17 at max pain $60.00.
BBIO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
8257250
8257250
25
500
7229250
7229750
27.5
2000
6715250
6717250
30
5000
6201250
6206250
32.5
8500
5689750
5698250
35
13750
5182250
5196000
37.5
20000
4674750
4694750
40
26750
4167500
4194250
42.5
37500
3660750
3698250
45
51000
3154000
3205000
47.5
67750
2647250
2715000
50
84500
2143000
2227500
55
212500
1547500
1760000
57.5
285250
1252750
1538000
60
359000
959000
1318000
62.5
638500
755500
1394000
65
1022750
561500
1584250
67.5
1416750
399250
1816000
70
1841000
247750
2088750
72.5
5696250
140750
5837000
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.