This page reflects BRCC 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 — BRCC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $1.00 (8.05 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1.00
Nearest expiry
Expected Move
±$1.33
±14.6%
Days to Expiry
14
Calendar days
Total Call OI
17,587
Nearest expiry
Total Put OI
2,564
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$9.05
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$0.50
8/21/2026, 11:06:28 PM
2026-09-18
$1.00
9/18/2026, 11:07:33 PM
2026-10-16NextUpdated
$1.00
10/2/2026, 11:07:03 PM
2026-11-20
$8.00
10/2/2026, 11:07:03 PM
2027-01-15
$2.00
10/2/2026, 11:07:03 PM
2027-04-16
$10.00
10/2/2026, 11:07:03 PM
Selected expiration: 2026-10-16 at max pain $1.00.
BRCC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
388050
388050
1
5200
260900
266100
1.5
97650
204000
301650
2
196950
168000
364950
3
1740650
143900
1884550
5
4856650
95700
4952350
7
8306450
49500
8355950
8
10031350
26800
10058150
9
11756750
6300
11763050
10
13483450
600
13484050
11
15240650
300
15240950
12
16999150
0
16999150
14
20516150
0
20516150
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.