This page reflects BRKR 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 — BRKR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $40.00 (4.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$5.30
±12.0%
Days to Expiry
29
Calendar days
Total Call OI
1,247
Nearest expiry
Total Put OI
1,227
Nearest expiry
P/C OI Ratio
0.98
Put-heavy
Spot Price
$44.26
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
$37.50
4/17/2026, 11:05:34 PM
2026-05-15
$37.50
5/15/2026, 11:08:05 PM
2026-06-18NextUpdated
$40.00
5/20/2026, 11:06:10 PM
2026-09-18
$37.50
5/20/2026, 11:06:10 PM
2026-12-18
$35.00
5/20/2026, 11:06:10 PM
Selected expiration: 2026-06-18 at max pain $40.00.
BRKR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
17.5
0
1890500
1890500
20
250
1586750
1587000
22.5
500
1293500
1294000
25
750
1009500
1010250
27.5
1000
736500
737500
30
1250
551500
552750
32.5
2250
373500
375750
35
3250
262750
266000
37.5
24500
164500
189000
40
61750
87500
149250
42.5
113500
40500
154000
45
174000
4000
178000
47.5
259750
1500
261250
50
369500
1000
370500
52.5
575500
500
576000
55
823500
0
823500
57.5
1079500
0
1079500
60
1336500
0
1336500
65
1868500
0
1868500
70
2404000
0
2404000
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.