This page reflects BELFB options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — BELFB
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $280.00 (13.06 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$280.00
Nearest expiry
Expected Move
±$24.00
±9.0%
Days to Expiry
15
Calendar days
Total Call OI
795
Nearest expiry
Total Put OI
23
Nearest expiry
P/C OI Ratio
0.03
Put-heavy
Spot Price
$266.94
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$230.00
5/15/2026, 11:06:51 PM
2026-06-18
$160.00
6/18/2026, 11:06:56 PM
2026-07-17NextUpdated
$280.00
7/3/2026, 11:05:17 PM
2026-09-18
$220.00
7/3/2026, 11:05:17 PM
2026-12-18
$220.00
7/3/2026, 11:05:17 PM
2027-01-15
$300.00
7/3/2026, 11:05:17 PM
2027-03-19
$220.00
7/3/2026, 11:05:17 PM
Selected expiration: 2026-07-17 at max pain $280.00.
BELFB pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
175
0
220000
220000
180
0
209000
209000
210
3000
146000
149000
220
4000
126000
130000
230
5000
107000
112000
260
8000
59000
67000
270
14000
43000
57000
280
23000
28000
51000
290
35000
22000
57000
300
47000
17000
64000
310
68000
14000
82000
320
93000
11000
104000
330
123000
8000
131000
340
167000
6000
173000
350
214000
4000
218000
360
963000
2000
965000
370
1715000
1000
1716000
380
2471000
0
2471000
390
3229000
0
3229000
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.