This page reflects BRBR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — BRBR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $10.00 (1.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.80
±20.1%
Days to Expiry
29
Calendar days
Total Call OI
1,650
Nearest expiry
Total Put OI
980
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$8.97
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$20.00
4/17/2026, 11:02:14 PM
2026-05-15
$12.50
5/15/2026, 11:08:01 PM
2026-06-18NextUpdated
$10.00
5/20/2026, 11:06:32 PM
2026-07-17
$12.50
5/20/2026, 11:06:32 PM
2026-08-21
$17.50
5/20/2026, 11:06:32 PM
2026-11-20
$17.50
5/20/2026, 11:06:32 PM
2026-12-18
$20.00
5/20/2026, 11:06:32 PM
2027-01-15
$12.50
5/20/2026, 11:06:32 PM
Selected expiration: 2026-06-18 at max pain $10.00.
BRBR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
718250
718250
7.5
0
479750
479750
10
17750
304000
321750
12.5
196750
195500
392250
15
433250
158500
591750
17.5
679250
128000
807250
20
958000
101500
1059500
22.5
1263500
82000
1345500
25
1600250
64750
1665000
27.5
1945250
47500
1992750
30
2295250
30250
2325500
32.5
2645250
15250
2660500
35
3003750
3500
3007250
37.5
3374250
2500
3376750
40
3748000
2000
3750000
42.5
4128250
1500
4129750
45
4510500
1000
4511500
50
5310500
0
5310500
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.