This page reflects BLBD 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 — BLBD
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $65.00 (3.54 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$0.58
±0.9%
Days to Expiry
3
Calendar days
Total Call OI
375
Nearest expiry
Total Put OI
208
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$61.46
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
2026-06-18
$65.00
6/18/2026, 11:06:00 PM
2026-07-17
$60.00
7/17/2026, 11:06:45 PM
2026-08-21NextUpdated
$65.00
8/18/2026, 11:06:41 PM
2026-09-18
$65.00
8/18/2026, 11:06:41 PM
2026-10-16
$60.00
8/18/2026, 11:06:41 PM
2027-01-15
$70.00
8/18/2026, 11:06:41 PM
Selected expiration: 2026-08-21 at max pain $65.00.
BLBD pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
509500
509500
50
3000
301500
304500
55
4500
198500
203000
60
6000
98500
104500
65
7500
5500
13000
70
23000
0
23000
75
56000
0
56000
80
103500
0
103500
85
169000
0
169000
90
254000
0
254000
95
431000
0
431000
100
613000
0
613000
105
800500
0
800500
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.