This page reflects BWXT 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 — BWXT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $135.00 (0.14 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$135.00
Nearest expiry
Expected Move
±$8.50
±6.3%
Days to Expiry
14
Calendar days
Total Call OI
7,434
Nearest expiry
Total Put OI
3,212
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$134.86
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
$170.00
8/21/2026, 11:07:49 PM
2026-09-18
$150.00
9/18/2026, 11:08:15 PM
2026-10-16NextUpdated
$135.00
10/2/2026, 11:08:13 PM
2026-11-20
$155.00
10/2/2026, 11:08:13 PM
2027-01-15
$170.00
10/2/2026, 11:08:13 PM
2027-02-19
$145.00
10/2/2026, 11:08:13 PM
2027-05-21
$125.00
10/2/2026, 11:08:13 PM
Selected expiration: 2026-10-16 at max pain $135.00.
BWXT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
8248000
8248000
115
0
6643000
6643000
120
0
5054500
5054500
125
0
3499000
3499000
130
2000
2128500
2130500
135
11500
934500
946000
140
385000
517000
902000
145
824500
229500
1054000
150
1473000
50500
1523500
155
2430000
11500
2441500
160
3696000
0
3696000
165
5566000
0
5566000
170
7740000
0
7740000
175
10164000
0
10164000
180
12960000
0
12960000
185
16383000
0
16383000
190
19829000
0
19829000
195
23424000
0
23424000
200
27019500
0
27019500
210
34220500
0
34220500
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.