This page reflects BXC 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 — BXC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $65.00 (17.57 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$4.80
±5.8%
Days to Expiry
3
Calendar days
Total Call OI
696
Nearest expiry
Total Put OI
411
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$82.57
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
2026-06-18
$55.00
6/18/2026, 11:07:54 PM
2026-07-17
$50.00
7/17/2026, 11:07:24 PM
2026-08-21NextUpdated
$65.00
8/18/2026, 11:07:39 PM
2026-09-18
$100.00
8/18/2026, 11:07:39 PM
2026-11-20
$80.00
8/18/2026, 11:07:39 PM
2026-12-18
$60.00
8/18/2026, 11:07:39 PM
2027-02-19
$75.00
8/18/2026, 11:07:39 PM
Selected expiration: 2026-08-21 at max pain $65.00.
BXC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
790500
790500
45
20000
588000
608000
50
41500
455000
496500
55
63000
381500
444500
60
92500
315000
407500
65
147500
259000
406500
70
239000
204500
443500
75
460000
150500
610500
80
687000
97500
784500
85
939500
60500
1000000
90
1241500
32500
1274000
95
1575500
16000
1591500
100
1921500
0
1921500
105
2269500
0
2269500
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.