This page reflects BHVN 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 — BHVN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $10.00 (2.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.48
±11.5%
Days to Expiry
14
Calendar days
Total Call OI
42,501
Nearest expiry
Total Put OI
9,464
Nearest expiry
P/C OI Ratio
0.22
Put-heavy
Spot Price
$12.87
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
$13.00
8/21/2026, 11:05:31 PM
2026-09-18
$13.00
9/18/2026, 11:06:42 PM
2026-10-16NextUpdated
$10.00
10/2/2026, 11:03:46 PM
2026-11-20
$13.00
10/2/2026, 11:03:46 PM
2026-12-18
$12.50
10/2/2026, 11:03:46 PM
2027-01-15
$10.00
10/2/2026, 11:03:46 PM
2027-04-16
$18.00
10/2/2026, 11:03:46 PM
Selected expiration: 2026-10-16 at max pain $10.00.
BHVN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
10050100
10050100
5
200
8157100
8157300
6
300
7210600
7210900
7
400
6264700
6265100
8
2700
5318800
5321500
9
8200
4373100
4381300
10
18800
3441400
3460200
11
1038400
2733400
3771800
12
2081400
2039700
4121100
13
3225800
1358600
4584400
14
4387600
732000
5119600
15
5743100
406300
6149400
16
7756000
203600
7959600
17
9832100
1900
9834000
18
12048800
600
12049400
19
14310300
300
14310600
20
16578100
0
16578100
21
19350200
0
19350200
22
22123500
0
22123500
24
28607500
0
28607500
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.