This page reflects BRKR 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 — BRKR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $50.00 (11.64 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$5.00
±8.1%
Days to Expiry
15
Calendar days
Total Call OI
4,713
Nearest expiry
Total Put OI
916
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$61.64
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
$37.50
5/15/2026, 11:08:05 PM
2026-06-18
$55.00
6/18/2026, 11:06:05 PM
2026-07-17NextUpdated
$50.00
7/3/2026, 11:06:29 PM
2026-08-21
$45.00
7/3/2026, 11:06:29 PM
2026-09-18
$37.50
7/3/2026, 11:06:29 PM
2026-12-18
$37.50
7/3/2026, 11:06:29 PM
Selected expiration: 2026-07-17 at max pain $50.00.
BRKR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
27.5
0
2085750
2085750
35
0
1398750
1398750
37.5
0
1170250
1170250
40
250
944000
944250
42.5
500
718000
718500
45
1000
492500
493500
47.5
2750
332250
335000
50
6500
173250
179750
52.5
103250
124250
227500
55
205000
76500
281500
57.5
383250
37000
420250
60
592750
2750
595500
62.5
977250
0
977250
65
1648750
0
1648750
70
3139250
0
3139250
75
5450750
0
5450750
80
7773250
0
7773250
90
12485250
0
12485250
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.