This page reflects BLZE options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — BLZE
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $10.00 (3.88 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.98
±14.2%
Days to Expiry
11
Calendar days
Total Call OI
3,126
Nearest expiry
Total Put OI
796
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$13.88
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
$10.00
8/21/2026, 11:07:36 PM
2026-09-18
$15.00
9/18/2026, 11:07:25 PM
2026-10-16NextUpdated
$10.00
10/5/2026, 11:06:19 PM
2026-11-20
$15.00
10/5/2026, 11:06:19 PM
2026-12-18
$12.50
10/5/2026, 11:06:19 PM
2027-01-15
$15.00
10/5/2026, 11:06:19 PM
2027-04-16
$7.50
10/5/2026, 11:06:19 PM
2027-06-17
$7.50
10/5/2026, 11:06:19 PM
2027-09-17
$10.00
10/5/2026, 11:06:19 PM
Selected expiration: 2026-10-16 at max pain $10.00.
BLZE pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
893000
893000
5
0
699000
699000
7.5
84000
505000
589000
10
219750
336000
555750
12.5
393500
189500
583000
15
646250
79000
725250
17.5
1045000
13750
1058750
20
1582750
0
1582750
22.5
2198000
0
2198000
25
2891750
0
2891750
30
4287250
0
4287250
35
5788250
0
5788250
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.