This page reflects BRBR 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 — BRBR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $10.00 (0.38 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
±$0.62
±6.0%
Days to Expiry
3
Calendar days
Total Call OI
14,558
Nearest expiry
Total Put OI
2,265
Nearest expiry
P/C OI Ratio
0.16
Put-heavy
Spot Price
$10.38
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
$10.00
6/18/2026, 11:06:26 PM
2026-07-17
$10.00
7/17/2026, 11:03:58 PM
2026-08-21NextUpdated
$10.00
8/18/2026, 11:07:13 PM
2026-09-18
$10.00
8/18/2026, 11:07:13 PM
2026-11-20
$12.50
8/18/2026, 11:07:13 PM
2026-12-18
$17.50
8/18/2026, 11:07:13 PM
2027-01-15
$12.50
8/18/2026, 11:07:13 PM
2027-02-19
$12.50
8/18/2026, 11:07:13 PM
Selected expiration: 2026-08-21 at max pain $10.00.
BRBR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
1503500
1503500
5
17000
939750
956750
7.5
40500
488250
528750
10
80000
252000
332000
12.5
274000
129750
403750
15
1651000
80250
1731250
17.5
4430750
30750
4461500
20
7391000
28000
7419000
22.5
10771750
25250
10797000
25
14214500
22500
14237000
27.5
17669500
19750
17689250
30
21130500
17000
21147500
32.5
24762250
14250
24776500
35
28396500
11500
28408000
37.5
32030750
9000
32039750
40
35665750
6500
35672250
42.5
39300750
4750
39305500
45
42937250
3000
42940250
47.5
46573750
1250
46575000
50
50210250
1000
50211250
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.