This page reflects BCPC 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 — BCPC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-08-21 shows max pain at $170.00 (1.20 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$170.00
Nearest expiry
Expected Move
±$16.30
±9.7%
Days to Expiry
50
Calendar days
Total Call OI
612
Nearest expiry
Total Put OI
16
Nearest expiry
P/C OI Ratio
0.03
Put-heavy
Spot Price
$168.80
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
2026-05-15
$155.00
5/15/2026, 11:06:32 PM
2026-06-18
$165.00
6/18/2026, 11:05:35 PM
2026-08-21NextUpdated
$170.00
7/3/2026, 11:06:23 PM
2026-11-20
$175.00
7/3/2026, 11:06:23 PM
2027-02-19
$125.00
7/3/2026, 11:06:23 PM
Selected expiration: 2026-08-21 at max pain $170.00.
BCPC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
72000
72000
130
0
32000
32000
135
0
24500
24500
140
0
19500
19500
145
0
14500
14500
150
0
11000
11000
155
0
7500
7500
160
0
5000
5000
165
0
3000
3000
170
0
2000
2000
175
500
1500
2000
180
3000
1000
4000
185
24000
500
24500
190
247500
0
247500
195
551000
0
551000
210
1467500
0
1467500
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.