This page reflects BEAM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — BEAM
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $27.00 (2.07 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
±$3.15
±10.8%
Days to Expiry
2
Calendar days
Total Call OI
4,131
Nearest expiry
Total Put OI
1,801
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$29.07
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
2026-06-18
$27.00
6/18/2026, 11:06:14 PM
2026-07-17
$31.00
7/17/2026, 11:06:09 PM
2026-08-21NextUpdated
$27.00
8/19/2026, 11:05:23 PM
2026-09-18
$27.00
8/19/2026, 11:05:23 PM
2026-11-20
$26.00
8/19/2026, 11:05:23 PM
2027-01-15
$22.00
8/19/2026, 11:05:23 PM
2027-02-19
$25.00
8/19/2026, 11:05:23 PM
Selected expiration: 2026-08-21 at max pain $27.00.
BEAM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
1877400
1877400
16
0
1697900
1697900
17
0
1518500
1518500
19
0
1159900
1159900
20
0
982200
982200
21
2600
837400
840000
22
5400
694300
699700
23
11600
557800
569400
24
18900
429700
448600
25
31700
315400
347100
26
51600
227100
278700
27
76600
167300
243900
28
137200
116200
253400
29
259900
75900
335800
30
389100
38300
427400
31
543300
22500
565800
32
702100
8800
710900
33
874800
6100
880900
34
1078400
3900
1082300
35
1286500
1700
1288200
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.