This page reflects BG 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 — BG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $120.00 (13.28 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$120.00
Nearest expiry
Expected Move
±$5.68
±5.3%
Days to Expiry
14
Calendar days
Total Call OI
7,905
Nearest expiry
Total Put OI
6,235
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$106.72
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
$115.00
8/21/2026, 11:06:04 PM
2026-09-18
$115.00
9/18/2026, 11:05:51 PM
2026-10-16NextUpdated
$120.00
10/2/2026, 11:05:17 PM
2026-11-20
$115.00
10/2/2026, 11:05:17 PM
2027-01-15
$120.00
10/2/2026, 11:05:17 PM
2027-04-16
$110.00
10/2/2026, 11:05:17 PM
Selected expiration: 2026-10-16 at max pain $120.00.
BG pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
25787000
25787000
75
0
22671000
22671000
80
0
19563000
19563000
85
0
16458500
16458500
90
0
13394500
13394500
95
500
10449500
10450000
97.5
750
9094000
9094750
100
1500
7745500
7747000
105
9000
5182500
5191500
110
44000
3199500
3243500
115
333000
1755000
2088000
120
751500
972000
1723500
125
2399500
639500
3039000
130
4364500
413000
4777500
135
6623000
199500
6822500
140
9100000
0
9100000
145
11862000
0
11862000
150
14811500
0
14811500
155
17913000
0
17913000
160
21779000
0
21779000
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.