Bread Financial Holdings, Inc.Close $98.90EOD only
Max Pain
$100.00
Next expiry Oct 16, 2026
Expected Move
±$5.97
6.0% from close
Price Gap
+1.10
Distance to max pain
IV Rank
7
Low premium
P/C OI
3.78
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 5, 2026 close
End-of-day snapshot
This page reflects BFH 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 — BFH
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $100.00 (1.10 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$5.97
±6.0%
Days to Expiry
11
Calendar days
Total Call OI
70
Nearest expiry
Total Put OI
884
Nearest expiry
P/C OI Ratio
12.63
Put-heavy
Spot Price
$98.90
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$92.50
8/21/2026, 11:07:02 PM
2026-09-18
$110.00
9/18/2026, 11:05:37 PM
2026-10-16NextUpdated
$100.00
10/5/2026, 11:05:38 PM
2026-11-20
$90.00
10/5/2026, 11:05:38 PM
2026-12-18
$85.00
10/5/2026, 11:05:38 PM
2027-03-19
$70.00
10/5/2026, 11:05:38 PM
Selected expiration: 2026-10-16 at max pain $100.00.
BFH pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
2300000
2300000
85
1500
974000
975500
90
2000
575500
577500
95
3500
183000
186500
100
5000
2500
7500
105
7500
1000
8500
110
11500
500
12000
115
29000
0
29000
120
61000
0
61000
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.