This page reflects BLD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — BLD
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $440.00 (27.36 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$440.00
Nearest expiry
Expected Move
±$9.70
±2.4%
Days to Expiry
29
Calendar days
Total Call OI
40
Nearest expiry
Total Put OI
60
Nearest expiry
P/C OI Ratio
1.50
Put-heavy
Spot Price
$412.64
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$380.00
4/17/2026, 11:06:57 PM
2026-05-15
$400.00
5/15/2026, 11:07:40 PM
2026-06-18NextUpdated
$440.00
5/20/2026, 11:05:50 PM
2026-07-17
$440.00
5/20/2026, 11:05:50 PM
2026-09-18
$440.00
5/20/2026, 11:05:50 PM
2026-10-16
$480.00
5/20/2026, 11:05:50 PM
2026-12-18
$540.00
5/20/2026, 11:05:50 PM
2027-01-15
$460.00
5/20/2026, 11:05:50 PM
Selected expiration: 2026-06-18 at max pain $440.00.
BLD pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
300
0
666000
666000
310
0
607000
607000
320
0
551000
551000
330
0
496000
496000
340
0
442000
442000
350
0
389000
389000
360
0
339000
339000
370
0
290000
290000
380
0
243000
243000
400
0
155000
155000
410
0
112000
112000
420
0
70000
70000
430
12000
34000
46000
440
26000
9000
35000
450
45000
0
45000
460
76000
0
76000
470
107000
0
107000
480
139000
0
139000
490
171000
0
171000
500
203000
0
203000
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.