This page reflects BNTX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — BNTX
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $90.00 (2.75 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$90.00
Nearest expiry
Expected Move
±$3.47
±3.8%
Days to Expiry
3
Calendar days
Total Call OI
8,734
Nearest expiry
Total Put OI
5,134
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$92.75
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$95.00
6/18/2026, 11:07:21 PM
2026-07-17
$92.50
7/17/2026, 11:07:36 PM
2026-08-21NextUpdated
$90.00
8/18/2026, 11:04:23 PM
2026-09-18
$97.50
8/18/2026, 11:04:23 PM
2026-12-18
$95.00
8/18/2026, 11:04:23 PM
2027-01-15
$95.00
8/18/2026, 11:04:23 PM
2027-03-19
$110.00
8/18/2026, 11:04:23 PM
2027-05-21
$90.00
8/18/2026, 11:04:23 PM
Selected expiration: 2026-08-21 at max pain $90.00.
BNTX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
13013250
13013250
65
0
10470750
10470750
70
0
7937250
7937250
75
500
5410250
5410750
80
1000
3022250
3023250
82.5
1500
1950250
1951750
85
2000
1042750
1044750
87.5
5500
377000
382500
90
9500
26000
35500
92.5
581000
10500
591500
95
1159250
4750
1164000
97.5
2032000
2000
2034000
100
2953250
0
2953250
105
5267250
0
5267250
110
7890750
0
7890750
115
11759250
0
11759250
120
15871750
0
15871750
130
24603750
0
24603750
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.