thetaOwl

BMRN

BioMarin Pharmaceutical Inc.Close $57.18EOD only
Max Pain
$60.00
Next expiry Oct 16, 2026
Expected Move
±$3.08
5.4% from close
Price Gap
+2.82
Distance to max pain
IV Rank
23
Low premium
P/C OI
0.44
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects BMRN 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 — BMRN
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $60.00 (2.82 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$3.08
±5.4%
Days to Expiry
14
Calendar days
Total Call OI
5,228
Nearest expiry
Total Put OI
2,717
Nearest expiry
P/C OI Ratio
0.52
Put-heavy
Spot Price
$57.18
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$65.008/21/2026, 11:06:07 PM
2026-09-18$60.009/18/2026, 11:07:02 PM
2026-10-16NextUpdated$60.0010/2/2026, 11:03:44 PM
2026-11-20$60.0010/2/2026, 11:03:44 PM
2027-01-15$60.0010/2/2026, 11:03:44 PM
2027-04-16$70.0010/2/2026, 11:03:44 PM
Selected expiration: 2026-10-16 at max pain $60.00.
BMRN pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
30080052508005250
37.5059675005967500
40052910005291000
42.5046150004615000
45039390003939000
47.550032657503266250
501850026025002621000
52.53650019415001978000
557450013150001389500
57.5186250771250957500
60411250349250760500
62.5787000158500945500
65150375001503750
67.5241450002414500
70338825003388250
72.5451325004513250
75577300005773000
77.5705700007057000
80834500008345000
8510946000010946000
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.