This page reflects BRBR 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 — BRBR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $10.00 (3.86 below 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
±$2.23
±16.1%
Days to Expiry
15
Calendar days
Total Call OI
7,574
Nearest expiry
Total Put OI
1,788
Nearest expiry
P/C OI Ratio
0.24
Put-heavy
Spot Price
$13.86
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
$12.50
5/15/2026, 11:08:01 PM
2026-06-18
$10.00
6/18/2026, 11:06:26 PM
2026-07-17NextUpdated
$10.00
7/3/2026, 11:06:06 PM
2026-08-21
$12.50
7/3/2026, 11:06:06 PM
2026-11-20
$15.00
7/3/2026, 11:06:06 PM
2026-12-18
$17.50
7/3/2026, 11:06:06 PM
2027-01-15
$12.50
7/3/2026, 11:06:06 PM
2027-02-19
$5.00
7/3/2026, 11:06:06 PM
Selected expiration: 2026-07-17 at max pain $10.00.
BRBR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
1158250
1158250
5
1000
711250
712250
7.5
2250
385000
387250
10
7500
206500
214000
12.5
258750
68750
327500
15
1113250
17500
1130750
17.5
2098500
10250
2108750
20
3091750
8250
3100000
22.5
4658750
6250
4665000
25
6482500
4250
6486750
27.5
8328250
2250
8330500
30
10192750
1000
10193750
32.5
12062500
0
12062500
35
13932250
0
13932250
37.5
15804500
0
15804500
40
17677000
0
17677000
45
21462500
0
21462500
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.