This page reflects BP 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 — BP
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $44.00 (0.79 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$44.00
Nearest expiry
Expected Move
±$1.43
±3.2%
Days to Expiry
7
Calendar days
Total Call OI
2,108
Nearest expiry
Total Put OI
946
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$44.79
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
$44.00
9/25/2026, 11:03:40 PM
2026-10-02Updated
$44.00
10/2/2026, 11:06:44 PM
2026-10-09Next
$44.00
10/2/2026, 11:06:44 PM
2026-10-16
$44.00
10/2/2026, 11:06:44 PM
2026-10-23
$43.00
10/2/2026, 11:06:44 PM
2026-10-30
$45.00
10/2/2026, 11:06:44 PM
2026-11-06
$48.00
10/2/2026, 11:06:44 PM
2026-11-20
$43.00
10/2/2026, 11:06:44 PM
2026-12-18
$40.00
10/2/2026, 11:06:44 PM
2027-01-15
$37.00
10/2/2026, 11:06:44 PM
2027-03-19
$37.00
10/2/2026, 11:06:44 PM
2027-04-16
$47.00
10/2/2026, 11:06:44 PM
2027-06-17
$37.00
10/2/2026, 11:06:44 PM
2027-09-17
$47.00
10/2/2026, 11:06:44 PM
Selected expiration: 2026-10-09 at max pain $44.00.
BP pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
2287100
2287100
30
0
1667600
1667600
32
0
1420000
1420000
33
0
1296400
1296400
35
0
1049400
1049400
37
800
802400
803200
38
1200
679000
680200
39
1600
555700
557300
40
2000
432600
434600
40.5
2500
371350
373850
41
3000
311550
314550
41.5
4000
253500
257500
42
5000
199950
204950
42.5
6750
154300
161050
43
10650
112000
122650
43.5
17800
78350
96150
44
29000
51250
80250
44.5
47850
32350
80200
45
77400
18400
95800
45.5
122600
11950
134550
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.