This page reflects BCC 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 — BCC
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $70.00 (2.72 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$3.50
±5.2%
Days to Expiry
29
Calendar days
Total Call OI
182
Nearest expiry
Total Put OI
145
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$67.28
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$85.00
4/17/2026, 11:05:31 PM
2026-05-15
$72.50
5/15/2026, 11:05:32 PM
2026-06-18NextUpdated
$70.00
5/20/2026, 11:07:13 PM
2026-07-17
$85.00
5/20/2026, 11:07:13 PM
2026-10-16
$85.00
5/20/2026, 11:07:13 PM
2027-01-15
$70.00
5/20/2026, 11:07:13 PM
Selected expiration: 2026-06-18 at max pain $70.00.
BCC pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
108250
108250
60
0
55250
55250
62.5
0
34750
34750
65
0
15750
15750
67.5
0
11250
11250
70
0
7000
7000
72.5
32250
4000
36250
75
66750
2250
69000
77.5
103000
1000
104000
80
139500
0
139500
82.5
177250
0
177250
85
215500
0
215500
87.5
254250
0
254250
90
295500
0
295500
95
382500
0
382500
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.