thetaOwl

BUD

Anheuser-Busch Inbev SA SponsorClose $81.33EOD only
Max Pain
$50.00
Next expiry Jul 10, 2026
Expected Move
±$2.08
2.5% from close
Price Gap
-31.33
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.64
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects BUD 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 — BUD
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $50.00 (31.33 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
±$2.08
±2.5%
Days to Expiry
8
Calendar days
Total Call OI
823
Nearest expiry
Total Put OI
46
Nearest expiry
P/C OI Ratio
0.06
Put-heavy
Spot Price
$81.33
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$84.006/26/2026, 11:07:01 PM
2026-07-02$84.007/2/2026, 11:08:04 PM
2026-07-10NextUpdated$50.007/3/2026, 11:06:03 PM
2026-07-17$82.507/3/2026, 11:06:03 PM
2026-07-24$80.007/3/2026, 11:06:03 PM
2026-07-31$80.007/3/2026, 11:06:03 PM
2026-08-07$89.007/3/2026, 11:06:03 PM
2026-08-21$80.007/3/2026, 11:06:03 PM
2026-09-18$72.507/3/2026, 11:06:03 PM
2026-12-18$75.007/3/2026, 11:06:03 PM
2027-01-15$62.507/3/2026, 11:06:03 PM
2027-03-19$82.507/3/2026, 11:06:03 PM
2027-06-17$80.007/3/2026, 11:06:03 PM
Selected expiration: 2026-07-10 at max pain $50.00.
BUD pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
450159800159800
501000136800137800
5532500113800146300
609500090800185800
6516350067800231300
7328270031000313700
7531250022400334900
7632740018400345800
7734230014700357000
7835720011500368700
793721008500380600
803870006000393000
814035004100407600
824605002300462800
835179001200519100
84575900100576000
856449000644900
867248000724800
878054000805400
888861000886100
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.