This page reflects BXP options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — BXP
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $65.00 (5.63 above 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
±$2.50
±4.2%
Days to Expiry
11
Calendar days
Total Call OI
5,052
Nearest expiry
Total Put OI
5,303
Nearest expiry
P/C OI Ratio
1.05
Put-heavy
Spot Price
$59.37
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
$67.50
8/21/2026, 11:06:57 PM
2026-09-18
$65.00
9/18/2026, 11:08:19 PM
2026-10-16NextUpdated
$65.00
10/5/2026, 11:07:28 PM
2026-11-20
$65.00
10/5/2026, 11:07:28 PM
2027-01-15
$62.50
10/5/2026, 11:07:28 PM
2027-04-16
$62.50
10/5/2026, 11:07:28 PM
Selected expiration: 2026-10-16 at max pain $65.00.
BXP pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
27.5
0
16315000
16315000
30
0
14990250
14990250
32.5
0
13665500
13665500
35
0
12341250
12341250
37.5
0
11017000
11017000
40
0
9692750
9692750
42.5
0
8368500
8368500
45
0
7052000
7052000
47.5
0
5746000
5746000
50
0
4721500
4721500
52.5
0
3723750
3723750
55
0
2768000
2768000
57.5
0
2016750
2016750
60
22750
1309000
1331750
62.5
99500
621250
720750
65
189000
103500
292500
67.5
301250
50250
351500
70
814750
0
814750
72.5
1970750
0
1970750
75
3176000
0
3176000
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.