This page reflects BEAM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — BEAM
Data as of market close May 21, 2026
Nearest listed expiration 2026-06-18 shows max pain at $27.00 (0.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$27.00
Nearest expiry
Expected Move
±$4.67
±16.9%
Days to Expiry
28
Calendar days
Total Call OI
1,681
Nearest expiry
Total Put OI
982
Nearest expiry
P/C OI Ratio
0.58
Put-heavy
Spot Price
$27.67
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
$24.00
4/17/2026, 11:06:22 PM
2026-05-15
$28.00
5/15/2026, 11:06:10 PM
2026-06-18NextUpdated
$27.00
5/21/2026, 11:05:55 PM
2026-08-21
$25.00
5/21/2026, 11:05:55 PM
2026-11-20
$30.00
5/21/2026, 11:05:55 PM
2027-01-15
$20.00
5/21/2026, 11:05:55 PM
Selected expiration: 2026-06-18 at max pain $27.00.
BEAM pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
517000
517000
22
400
321000
321400
23
600
228600
229200
24
900
158200
159100
25
1300
105700
107000
26
2900
80100
83000
27
6400
59300
65700
28
35600
41100
76700
29
83700
25800
109500
30
135900
14700
150600
31
211900
7300
219200
32
289900
500
290400
33
378100
0
378100
34
472100
0
472100
35
566400
0
566400
36
666800
0
666800
37
817200
0
817200
38
968500
0
968500
39
1125900
0
1125900
40
1283800
0
1283800
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.