This page reflects BMY 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 — BMY
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $62.00 (0.85 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$62.00
Nearest expiry
Expected Move
±$1.91
±3.1%
Days to Expiry
7
Calendar days
Total Call OI
8,186
Nearest expiry
Total Put OI
2,804
Nearest expiry
P/C OI Ratio
0.34
Put-heavy
Spot Price
$61.15
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$63.00
9/25/2026, 11:06:32 PM
2026-10-02Updated
$63.00
10/2/2026, 11:06:26 PM
2026-10-09Next
$62.00
10/2/2026, 11:06:26 PM
2026-10-16
$62.50
10/2/2026, 11:06:26 PM
2026-10-23
$63.00
10/2/2026, 11:06:26 PM
2026-10-30
$61.00
10/2/2026, 11:06:26 PM
2026-11-06
$61.00
10/2/2026, 11:06:26 PM
2026-11-20
$62.50
10/2/2026, 11:06:26 PM
2026-12-18
$62.50
10/2/2026, 11:06:26 PM
2027-01-15
$57.50
10/2/2026, 11:06:26 PM
2027-03-19
$60.00
10/2/2026, 11:06:26 PM
2027-06-17
$62.50
10/2/2026, 11:06:26 PM
2027-09-17
$60.00
10/2/2026, 11:06:26 PM
Selected expiration: 2026-10-09 at max pain $62.00.
BMY pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
12145900
12145900
40
0
9665900
9665900
50
12000
4705900
4717900
51
13200
4211300
4224500
53
15600
3222900
3238500
55
18000
2235700
2253700
56
19200
1744200
1763400
57
20400
1253400
1273800
58
21600
766500
788100
59
22800
421700
444500
60
24100
214900
239000
61
32900
123400
156300
62
88600
66500
155100
63
260600
24400
285000
64
561400
11700
573100
65
1028400
3300
1031700
66
1952300
500
1952800
67
2891200
200
2891400
68
3852600
0
3852600
69
4885700
0
4885700
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.