This page reflects BLSH 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 — BLSH
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $23.50 (2.07 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$23.50
Nearest expiry
Expected Move
±$2.13
±8.3%
Days to Expiry
8
Calendar days
Total Call OI
1,111
Nearest expiry
Total Put OI
307
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$25.57
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$27.00
6/26/2026, 11:06:22 PM
2026-07-02
$24.00
7/2/2026, 11:07:22 PM
2026-07-10NextUpdated
$23.50
7/3/2026, 11:06:09 PM
2026-07-17
$23.00
7/3/2026, 11:06:09 PM
2026-07-24
$27.00
7/3/2026, 11:06:09 PM
2026-07-31
$30.00
7/3/2026, 11:06:09 PM
2026-08-07
$30.00
7/3/2026, 11:06:09 PM
2026-08-21
$25.00
7/3/2026, 11:06:09 PM
2026-09-18
$35.00
7/3/2026, 11:06:09 PM
2026-12-18
$40.00
7/3/2026, 11:06:09 PM
2027-01-15
$40.00
7/3/2026, 11:06:09 PM
Selected expiration: 2026-07-10 at max pain $23.50.
BLSH pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
16
0
246000
246000
17
0
215500
215500
18
0
190100
190100
19
0
166800
166800
19.5
0
157400
157400
20
0
148300
148300
20.5
0
139700
139700
21
0
131200
131200
22
0
115000
115000
22.5
350
107150
107500
23
3400
99500
102900
23.5
7600
92550
100150
24
15000
85600
100600
24.5
22900
78750
101650
25
33850
71900
105750
26
73550
58600
132150
26.5
99950
52350
152300
27
126600
46100
172700
28
191400
35200
226600
28.5
226600
30000
256600
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.