This page reflects BMY 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 — BMY
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $56.00 (2.13 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$56.00
Nearest expiry
Expected Move
±$1.70
±2.9%
Days to Expiry
8
Calendar days
Total Call OI
7,945
Nearest expiry
Total Put OI
6,447
Nearest expiry
P/C OI Ratio
0.81
Put-heavy
Spot Price
$58.13
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
$55.00
6/26/2026, 11:06:46 PM
2026-07-02
$60.00
7/2/2026, 11:06:34 PM
2026-07-10NextUpdated
$56.00
7/3/2026, 11:05:53 PM
2026-07-17
$55.00
7/3/2026, 11:05:53 PM
2026-07-24
$56.00
7/3/2026, 11:05:53 PM
2026-07-31
$55.00
7/3/2026, 11:05:53 PM
2026-08-07
$56.00
7/3/2026, 11:05:53 PM
2026-08-21
$55.00
7/3/2026, 11:05:53 PM
2026-09-18
$55.00
7/3/2026, 11:05:53 PM
2026-12-18
$52.50
7/3/2026, 11:05:53 PM
2027-01-15
$55.00
7/3/2026, 11:05:53 PM
2027-03-19
$55.00
7/3/2026, 11:05:53 PM
2027-06-17
$57.50
7/3/2026, 11:05:53 PM
Selected expiration: 2026-07-10 at max pain $56.00.
BMY pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
43
0
7680000
7680000
45
0
6391000
6391000
46
0
5746900
5746900
47
0
5102900
5102900
48
0
4461400
4461400
49
0
3820900
3820900
50
0
3183500
3183500
51
0
2552600
2552600
52
0
1928500
1928500
53
0
1362600
1362600
54
2500
864700
867200
55
5500
396200
401700
56
9100
189200
198300
57
192900
106800
299700
58
421300
31700
453000
59
763700
21500
785200
60
1174900
13000
1187900
61
1934100
5300
1939400
62
2705300
100
2705400
63
3494200
0
3494200
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.