This page reflects BIOA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — BIOA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $17.50 (7.60 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.50
Nearest expiry
Expected Move
±$2.15
±8.6%
Days to Expiry
15
Calendar days
Total Call OI
2,171
Nearest expiry
Total Put OI
567
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$25.10
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$20.00
5/15/2026, 11:06:55 PM
2026-06-18
$17.50
6/18/2026, 11:07:15 PM
2026-07-17NextUpdated
$17.50
7/3/2026, 11:04:11 PM
2026-08-21
$20.00
7/3/2026, 11:04:11 PM
2026-09-18
$20.00
7/3/2026, 11:04:11 PM
2026-10-16
$20.00
7/3/2026, 11:04:11 PM
2026-12-18
$25.00
7/3/2026, 11:04:11 PM
2027-01-15
$20.00
7/3/2026, 11:04:11 PM
Selected expiration: 2026-07-17 at max pain $17.50.
BIOA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
705250
705250
7.5
0
422250
422250
10
750
281500
282250
12.5
1500
142500
144000
15
4000
26000
30000
17.5
7250
4500
11750
20
20250
1500
21750
22.5
39750
0
39750
25
555750
0
555750
30
1633750
0
1633750
35
2717750
0
2717750
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.