This page reflects BRKR 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 — BRKR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $55.00 (1.86 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$2.25
±4.0%
Days to Expiry
3
Calendar days
Total Call OI
3,620
Nearest expiry
Total Put OI
1,716
Nearest expiry
P/C OI Ratio
0.47
Put-heavy
Spot Price
$56.86
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
$55.00
6/18/2026, 11:06:05 PM
2026-07-17
$50.00
7/17/2026, 11:07:27 PM
2026-08-21NextUpdated
$55.00
8/18/2026, 11:04:18 PM
2026-09-18
$47.50
8/18/2026, 11:04:18 PM
2026-12-18
$40.00
8/18/2026, 11:04:18 PM
2027-03-19
$70.00
8/18/2026, 11:04:18 PM
Selected expiration: 2026-08-21 at max pain $55.00.
BRKR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
37.5
0
2838000
2838000
40
0
2426000
2426000
42.5
0
2024500
2024500
45
1750
1631250
1633000
47.5
5250
1246000
1251250
50
8750
865000
873750
52.5
31750
489250
521000
55
63750
115500
179250
57.5
126750
71750
198500
60
211750
38750
250500
62.5
321250
19250
340500
65
502500
0
502500
67.5
745750
0
745750
70
1302250
0
1302250
75
2475750
0
2475750
80
4285250
0
4285250
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.