This page reflects BLBD 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 — BLBD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $60.00 (16.08 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$4.55
±6.0%
Days to Expiry
15
Calendar days
Total Call OI
1,001
Nearest expiry
Total Put OI
366
Nearest expiry
P/C OI Ratio
0.37
Put-heavy
Spot Price
$76.08
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
$60.00
5/15/2026, 11:05:05 PM
2026-06-18
$65.00
6/18/2026, 11:06:00 PM
2026-07-17NextUpdated
$60.00
7/3/2026, 11:06:00 PM
2026-08-21
$75.00
7/3/2026, 11:06:00 PM
2026-10-16
$60.00
7/3/2026, 11:06:00 PM
2027-01-15
$65.00
7/3/2026, 11:06:00 PM
Selected expiration: 2026-07-17 at max pain $60.00.
BLBD pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
1137500
1137500
30
3000
955000
958000
35
6000
775500
781500
40
24000
599000
623000
45
42000
423500
465500
50
60000
276000
336000
55
83500
167000
250500
60
117500
82000
199500
65
169500
42000
211500
70
490000
18500
508500
75
829000
2000
831000
80
1248000
0
1248000
85
1740500
0
1740500
90
2239000
0
2239000
95
2739000
0
2739000
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.