thetaOwl

BX

Blackstone Inc.Close $116.83EOD only
Max Pain
$121.00
Next expiry May 22, 2026
Expected Move
±$3.27
2.8% from close
Price Gap
+4.17
Distance to max pain
IV Rank
0
Low premium
P/C OI
1.46
Slightly put-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — BX
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $121.00 (4.17 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$121.00
Nearest expiry
Expected Move
±$3.27
±2.8%
Days to Expiry
2
Calendar days
Total Call OI
6,685
Nearest expiry
Total Put OI
6,120
Nearest expiry
P/C OI Ratio
0.92
Put-heavy
Spot Price
$116.83
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$124.005/8/2026, 11:03:47 PM
2026-05-15$123.005/15/2026, 11:07:21 PM
2026-05-22NextUpdated$121.005/20/2026, 11:06:59 PM
2026-05-29$119.005/20/2026, 11:06:59 PM
2026-06-05$120.005/20/2026, 11:06:59 PM
2026-06-12$122.005/20/2026, 11:06:59 PM
2026-06-18$130.005/20/2026, 11:06:59 PM
2026-06-26$120.005/20/2026, 11:06:59 PM
2026-07-17$120.005/20/2026, 11:06:59 PM
2026-08-21$120.005/20/2026, 11:06:59 PM
2026-09-18$145.005/20/2026, 11:06:59 PM
2026-10-16$120.005/20/2026, 11:06:59 PM
2026-11-20$120.005/20/2026, 11:06:59 PM
2026-12-18$150.005/20/2026, 11:06:59 PM
2027-01-15$135.005/20/2026, 11:06:59 PM
2027-02-19$120.005/20/2026, 11:06:59 PM
2027-03-19$120.005/20/2026, 11:06:59 PM
Selected expiration: 2026-05-22 at max pain $121.00.
BX pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
6003226680032266800
6502921280029212800
7002616880026168800
7502313330023133300
8002010630020106300
8501708280017082800
9001406280014062800
9501105580011055800
100080613008061300
101075435007543500
102070269007026900
103065127006512700
104059997005999700
105054894005489400
106049935004993500
10710044994004499500
10830040247004025000
109300035717003574700
110570031307003136400
111840027325002740900
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.