This page reflects BLLN 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 — BLLN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $105.00 (0.90 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$8.95
±8.4%
Days to Expiry
14
Calendar days
Total Call OI
1,225
Nearest expiry
Total Put OI
839
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$105.90
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
$95.00
8/21/2026, 11:07:25 PM
2026-09-18
$95.00
9/18/2026, 11:07:23 PM
2026-10-16NextUpdated
$105.00
10/2/2026, 11:03:34 PM
2026-11-20
$110.00
10/2/2026, 11:03:34 PM
2026-12-18
$120.00
10/2/2026, 11:03:34 PM
2027-03-19
$60.00
10/2/2026, 11:03:34 PM
Selected expiration: 2026-10-16 at max pain $105.00.
BLLN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
2242500
2242500
70
0
1823000
1823000
75
0
1449500
1449500
80
0
1077500
1077500
85
0
731500
731500
90
500
554000
554500
95
3500
381000
384500
100
12500
211500
224000
105
78000
78000
156000
110
258500
27500
286000
115
514000
14500
528500
120
829500
4000
833500
125
1155500
0
1155500
130
1699500
0
1699500
135
2270500
0
2270500
140
2863500
0
2863500
145
3457000
0
3457000
150
4063000
0
4063000
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.