This page reflects BEKE options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — BEKE
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-09 shows max pain at $17.00 (0.50 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.00
Nearest expiry
Expected Move
±$0.28
±1.7%
Days to Expiry
4
Calendar days
Total Call OI
483
Nearest expiry
Total Put OI
224
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$16.50
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$12.00
9/25/2026, 11:06:11 PM
2026-10-02
$16.50
10/2/2026, 11:05:42 PM
2026-10-09NextUpdated
$17.00
10/5/2026, 11:06:06 PM
2026-10-16
$18.00
10/5/2026, 11:06:06 PM
2026-10-23
$15.00
10/5/2026, 11:06:06 PM
2026-10-30
$15.00
10/5/2026, 11:06:06 PM
2026-11-06
$9.00
10/5/2026, 11:06:06 PM
2026-11-20
$16.00
10/5/2026, 11:06:06 PM
2026-12-18
$17.00
10/5/2026, 11:06:06 PM
2027-01-15
$17.00
10/5/2026, 11:06:06 PM
2027-04-16
$17.00
10/5/2026, 11:06:06 PM
Selected expiration: 2026-10-09 at max pain $17.00.
BEKE pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
11
0
122750
122750
13.5
250
66750
67000
14
350
55550
55900
15
550
33250
33800
15.5
700
22150
22850
16
950
11050
12000
16.5
1200
5900
7100
17
1600
750
2350
17.5
2200
600
2800
18
23350
450
23800
19
66650
250
66900
20
114950
150
115100
21.5
187400
0
187400
22.5
235700
0
235700
27
453050
0
453050
28
501350
0
501350
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.