This page reflects BMRN 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 — BMRN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $55.00 (3.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$3.07
±5.2%
Days to Expiry
15
Calendar days
Total Call OI
6,149
Nearest expiry
Total Put OI
1,769
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$58.99
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$55.00
5/15/2026, 11:06:49 PM
2026-06-18
$52.50
6/18/2026, 11:06:54 PM
2026-07-17NextUpdated
$55.00
7/3/2026, 11:05:42 PM
2026-08-21
$55.00
7/3/2026, 11:05:42 PM
2026-09-18
$52.50
7/3/2026, 11:05:42 PM
2026-10-16
$57.50
7/3/2026, 11:05:42 PM
2027-01-15
$55.00
7/3/2026, 11:05:42 PM
Selected expiration: 2026-07-17 at max pain $55.00.
BMRN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
32.5
0
4122500
4122500
35
0
3680250
3680250
37.5
0
3238500
3238500
40
0
2797500
2797500
42.5
0
2359500
2359500
45
0
1922750
1922750
47.5
500
1488500
1489000
50
1000
1077500
1078500
52.5
24000
683000
707000
55
56250
335500
391750
57.5
297750
122500
420250
60
973000
40250
1013250
62.5
2223000
8750
2231750
65
3637250
5500
3642750
67.5
5097250
2750
5100000
70
6597500
0
6597500
72.5
8119250
0
8119250
75
9642250
0
9642250
80
12700750
0
12700750
85
15765750
0
15765750
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.