This page reflects BEAM 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 — BEAM
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $30.00 (2.89 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.75
±10.1%
Days to Expiry
29
Calendar days
Total Call OI
1,250
Nearest expiry
Total Put OI
968
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$27.11
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
$30.00
5/20/2026, 11:05:32 PM
2026-08-21
$25.00
5/20/2026, 11:05:32 PM
2026-11-20
$30.00
5/20/2026, 11:05:32 PM
2027-01-15
$20.00
5/20/2026, 11:05:32 PM
Selected expiration: 2026-06-18 at max pain $30.00.
BEAM pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
509700
509700
22
400
316500
316900
23
600
225500
226100
24
900
156500
157400
25
1300
105400
106700
26
2900
79900
82800
27
6400
59200
65600
28
10600
41100
51700
29
16500
25800
42300
30
26500
14700
41200
31
59900
7300
67200
32
95300
500
95800
33
140500
0
140500
34
191500
0
191500
35
242800
0
242800
36
300200
0
300200
37
407600
0
407600
38
515800
0
515800
39
630100
0
630100
40
744900
0
744900
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.