This page reflects BIOA 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 — BIOA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $7.50 (0.89 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.50
Nearest expiry
Expected Move
±$1.20
±18.1%
Days to Expiry
14
Calendar days
Total Call OI
8,180
Nearest expiry
Total Put OI
339
Nearest expiry
P/C OI Ratio
0.04
Put-heavy
Spot Price
$6.61
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
$12.50
8/21/2026, 11:05:32 PM
2026-09-18
$17.50
9/18/2026, 11:06:21 PM
2026-10-16NextUpdated
$7.50
10/2/2026, 11:05:20 PM
2026-11-20
$5.00
10/2/2026, 11:05:20 PM
2026-12-18
$12.50
10/2/2026, 11:05:20 PM
2027-01-15
$10.00
10/2/2026, 11:05:20 PM
2027-04-16
$2.50
10/2/2026, 11:05:20 PM
Selected expiration: 2026-10-16 at max pain $7.50.
BIOA pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
157250
157250
7.5
0
73000
73000
10
287250
40000
327250
12.5
731250
27250
758500
15
1178000
16500
1194500
17.5
1659500
10000
1669500
20
2188000
5000
2193000
22.5
3428750
0
3428750
25
4683000
0
4683000
30
7558500
0
7558500
35
10459000
0
10459000
40
13365500
0
13365500
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.