This page reflects BILI options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — BILI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $19.00 (2.01 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$19.00
Nearest expiry
Expected Move
±$0.46
±2.7%
Days to Expiry
3
Calendar days
Total Call OI
27,170
Nearest expiry
Total Put OI
24,415
Nearest expiry
P/C OI Ratio
0.90
Put-heavy
Spot Price
$16.99
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-08-07
$18.50
8/7/2026, 11:05:32 PM
2026-08-14
$17.00
8/14/2026, 11:06:44 PM
2026-08-21NextUpdated
$19.00
8/18/2026, 11:06:38 PM
2026-08-28
$18.00
8/18/2026, 11:06:38 PM
2026-09-04
$16.00
8/18/2026, 11:06:38 PM
2026-09-18
$19.00
8/18/2026, 11:06:38 PM
2026-10-16
$18.00
8/18/2026, 11:06:38 PM
2027-01-15
$20.00
8/18/2026, 11:06:38 PM
Selected expiration: 2026-08-21 at max pain $19.00.
BILI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
9
0
27395300
27395300
10
0
24953900
24953900
12
0
20072100
20072100
12.5
100
18853050
18853150
13
250
17634350
17634600
13.5
500
16422700
16423200
14
900
15211500
15212400
14.5
3350
14001650
14005000
15
5900
12791850
12797750
15.5
9050
11655400
11664450
16
12250
10521050
10533300
16.5
18200
9395800
9414000
17
24450
8271300
8295750
17.5
232300
7351850
7584150
18
443350
6435450
6878800
18.5
982400
5875950
6858350
19
1522650
5318800
6841450
19.5
2082600
4792000
6874600
20
2656350
4275050
6931400
20.5
3321650
3775400
7097050
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.