thetaOwl

BDX

Becton, Dickinson and CompanyClose $180.77EOD only
Max Pain
$160.00
Next expiry Aug 21, 2026
Expected Move
±$4.05
2.2% from close
Price Gap
-20.77
Distance to max pain
IV Rank
32
Middle-high premium
P/C OI
0.42
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects BDX 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 — BDX
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $160.00 (20.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$4.05
±2.2%
Days to Expiry
3
Calendar days
Total Call OI
3,799
Nearest expiry
Total Put OI
2,425
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$180.77
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$145.006/18/2026, 11:05:26 PM
2026-07-17$145.007/17/2026, 11:07:11 PM
2026-08-21NextUpdated$160.008/18/2026, 11:06:23 PM
2026-09-18$155.008/18/2026, 11:06:23 PM
2026-12-18$165.008/18/2026, 11:06:23 PM
2027-01-15$165.008/18/2026, 11:06:23 PM
2027-03-19$150.008/18/2026, 11:06:23 PM
2027-06-17$155.008/18/2026, 11:06:23 PM
Selected expiration: 2026-08-21 at max pain $160.00.
BDX pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
8001837500018375000
855001716250017163000
10035001352500013528500
115650098920009898500
120800086810008689000
125950074775007487000
1301100062880006299000
1351350051295005143000
1401650040035004020000
1452050029085002929000
1503000020100002040000
1558650013500001436500
1602260007910001017000
1657245003985001123000
17015435001000001643500
175267250060002678500
180402900010004030000
185564350005643500
190742750007427500
195924250009242500
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.