What is BX max pain this week?

BX max pain for the nearest expiration (2026-08-21) is $135.00. Total call open interest: 26,348. Total put open interest: 45,210.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options BXMax Pain

BX

Blackstone Inc.Close $140.59EOD only

Max Pain

$135.00

Next expiry Aug 21, 2026

Expected Move

±$4.14

2.9% from close

Price Gap

-5.59

Distance to max pain

IV Rank

Low premium

P/C OI

1.32

Slightly put-heavy

Consensus

4/4

Partial coverage

Published snapshot: Aug 18, 2026 close

End-of-day snapshot

This page reflects BX 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 — BX

Data as of market close Aug 18, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $135.00 (5.59 below 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

±$4.14

±2.9%

Days to Expiry

Calendar days

Total Call OI

26,348

Nearest expiry

Total Put OI

45,210

Nearest expiry

P/C OI Ratio

1.72

Put-heavy

Spot Price

$140.59

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
2026-08-07	$130.00	8/7/2026, 11:07:29 PM
2026-08-14	$140.00	8/14/2026, 11:06:08 PM
2026-08-21NextUpdated	$135.00	8/18/2026, 11:04:12 PM
2026-08-28	$135.00	8/18/2026, 11:04:12 PM
2026-09-04	$139.00	8/18/2026, 11:04:12 PM
2026-09-11	$135.00	8/18/2026, 11:04:12 PM
2026-09-18	$135.00	8/18/2026, 11:04:12 PM
2026-09-25	$140.00	8/18/2026, 11:04:12 PM
2026-10-02	$133.00	8/18/2026, 11:04:12 PM
2026-10-16	$130.00	8/18/2026, 11:04:12 PM
2026-11-20	$135.00	8/18/2026, 11:04:12 PM
2026-12-18	$145.00	8/18/2026, 11:04:12 PM
2027-01-15	$135.00	8/18/2026, 11:04:12 PM
2027-02-19	$130.00	8/18/2026, 11:04:12 PM
2027-03-19	$120.00	8/18/2026, 11:04:12 PM
2027-06-17	$110.00	8/18/2026, 11:04:12 PM

Selected expiration: 2026-08-21 at max pain $135.00.

BX pain by strike for 2026-08-21 expiration
Strike	Call Pain	Put Pain	Total Pain
55	0	295319150	295319150
60	0	272781150	272781150
65	500	250353650	250354150
70	1000	227944150	227945150
75	1500	205593150	205594650
80	2000	183363650	183365650
85	2500	161247650	161250150
90	4000	139544150	139548150
95	8000	118451650	118459650
100	14000	97831150	97845150
105	27500	79473650	79501150
110	43500	62335150	62378650
115	67500	46437650	46505150
116	115000	43488550	43603550
117	162700	40595350	40758050
118	212700	37706650	37919350
119	262700	34844850	35107550
120	312700	31990550	32303250
121	536600	29405450	29942050
122	772300	26823850	27596150

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.