thetaOwl

BETR

Better Home & Finance Holding CClose $24.34EOD only
Max Pain
$30.00
Next expiry Jun 18, 2026
Expected Move
±$5.42
22.3% from close
Price Gap
+5.66
Distance to max pain
IV Rank
1
Low premium
P/C OI
0.32
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — BETR
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $30.00 (5.66 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
±$5.42
±22.3%
Days to Expiry
29
Calendar days
Total Call OI
1,654
Nearest expiry
Total Put OI
590
Nearest expiry
P/C OI Ratio
0.36
Put-heavy
Spot Price
$24.34
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$40.004/17/2026, 11:04:39 PM
2026-05-15$35.005/15/2026, 11:05:40 PM
2026-06-18NextUpdated$30.005/20/2026, 11:05:36 PM
2026-07-17$30.005/20/2026, 11:05:36 PM
2026-10-16$20.005/20/2026, 11:05:36 PM
2026-12-18$25.005/20/2026, 11:05:36 PM
2027-01-15$25.005/20/2026, 11:05:36 PM
2027-03-19$22.505/20/2026, 11:05:36 PM
Selected expiration: 2026-06-18 at max pain $30.00.
BETR pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
17.50539500539500
200428750428750
22.58750318250327000
2517750216500234250
3010025064000164250
3534575017000362750
407967501000797750
45143975001439750
50219525002195250
55297625002976250
60376975003769750
65459475004594750
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.