This page reflects BPOP 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 — BPOP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $140.00 (27.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$140.00
Nearest expiry
Expected Move
±$4.85
±2.9%
Days to Expiry
15
Calendar days
Total Call OI
92
Nearest expiry
Total Put OI
100
Nearest expiry
P/C OI Ratio
1.09
Put-heavy
Spot Price
$167.26
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
$145.00
5/15/2026, 11:07:52 PM
2026-06-18
$145.00
6/18/2026, 11:07:44 PM
2026-07-17NextUpdated
$140.00
7/3/2026, 11:05:55 PM
2026-08-21
$150.00
7/3/2026, 11:05:55 PM
2026-10-16
$125.00
7/3/2026, 11:05:55 PM
2027-01-15
$105.00
7/3/2026, 11:05:55 PM
Selected expiration: 2026-07-17 at max pain $140.00.
BPOP pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
588000
588000
80
2000
488000
490000
85
3000
443000
446000
90
4000
398500
402500
95
5000
354500
359500
105
8000
268500
276500
110
9500
225500
235000
115
11000
183500
194500
120
16500
141500
158000
125
22000
101000
123000
130
31000
61000
92000
135
44500
26500
71000
140
58000
6000
64000
145
77500
3000
80500
150
98000
1500
99500
155
121500
0
121500
160
151000
0
151000
165
189000
0
189000
170
234000
0
234000
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.