thetaOwl

BETR

Better Home & Finance Holding CClose $28.60EOD only
Max Pain
$30.00
Next expiry Jul 17, 2026
Expected Move
±$4.30
15.0% from close
Price Gap
+1.40
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.26
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects BETR 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 — BETR
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $30.00 (1.40 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
±$4.30
±15.0%
Days to Expiry
15
Calendar days
Total Call OI
3,661
Nearest expiry
Total Put OI
1,220
Nearest expiry
P/C OI Ratio
0.33
Put-heavy
Spot Price
$28.60
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$35.005/15/2026, 11:05:40 PM
2026-06-18$25.006/18/2026, 11:06:32 PM
2026-07-17NextUpdated$30.007/3/2026, 11:06:16 PM
2026-08-21$22.507/3/2026, 11:06:16 PM
2026-10-16$22.507/3/2026, 11:06:16 PM
2026-12-18$25.007/3/2026, 11:06:16 PM
2027-01-15$25.007/3/2026, 11:06:16 PM
2027-03-19$22.507/3/2026, 11:06:16 PM
Selected expiration: 2026-07-17 at max pain $30.00.
BETR pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
15018045001804500
17.5014997501499750
20350011952501198750
22.523250933000956250
2557500689000746500
30281500420000701500
358890003400001229000
4020365002665002303000
4534700001975003667500
5049885001345005123000
556622000800006702000
608283500255008309000
65997650010009977500
701169750050011698000
7513472000013472000
8015257500015257500
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.