thetaOwl

BETR

Better Home & Finance Holding CClose $11.79EOD only
Max Pain
$12.50
Next expiry Oct 16, 2026
Expected Move
±$2.17
18.4% from close
Price Gap
+0.71
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.20
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Oct 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
Oct 2, 2026 close
Max Pain — BETR
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $12.50 (0.71 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$12.50
Nearest expiry
Expected Move
±$2.17
±18.4%
Days to Expiry
14
Calendar days
Total Call OI
3,048
Nearest expiry
Total Put OI
927
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$11.79
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$17.508/21/2026, 11:05:36 PM
2026-09-18$12.509/18/2026, 11:06:44 PM
2026-10-16NextUpdated$12.5010/2/2026, 11:05:55 PM
2026-11-20$10.0010/2/2026, 11:05:55 PM
2026-12-18$12.5010/2/2026, 11:05:55 PM
2027-01-15$12.5010/2/2026, 11:05:55 PM
2027-03-19$17.5010/2/2026, 11:05:55 PM
2027-04-16$10.0010/2/2026, 11:05:55 PM
2027-07-16$17.5010/2/2026, 11:05:55 PM
Selected expiration: 2026-10-16 at max pain $12.50.
BETR pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
2.50800250800250
50568500568500
7.5250336750337000
106750108250115000
12.54650064500111000
1517750043250220750
17.549175027500519250
2084025020750861000
22.51232500155001248000
251674500130001687500
302646000100002656000
35371150075003719000
40481050050004815500
45604850025006051000
50728850007288500
55861700008617000
6010023500010023500
6511430000011430000
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.