Blackstone Secured Lending FundClose $23.52EOD only
Max Pain
$26.00
Next expiry Oct 16, 2026
Expected Move
±$0.83
3.5% from close
Price Gap
+2.48
Distance to max pain
IV Rank
21
Low premium
P/C OI
2.29
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 5, 2026 close
End-of-day snapshot
This page reflects BXSL 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 — BXSL
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $26.00 (2.48 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$26.00
Nearest expiry
Expected Move
±$0.83
±3.5%
Days to Expiry
11
Calendar days
Total Call OI
611
Nearest expiry
Total Put OI
11,980
Nearest expiry
P/C OI Ratio
19.61
Put-heavy
Spot Price
$23.52
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
$25.00
8/21/2026, 11:07:00 PM
2026-09-18
$25.00
9/18/2026, 11:03:58 PM
2026-10-16NextUpdated
$26.00
10/5/2026, 11:03:22 PM
2026-11-20
$24.00
10/5/2026, 11:03:22 PM
2027-01-15
$25.00
10/5/2026, 11:03:22 PM
2027-02-19
$28.00
10/5/2026, 11:03:22 PM
2027-05-21
$24.00
10/5/2026, 11:03:22 PM
Selected expiration: 2026-10-16 at max pain $26.00.
BXSL pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
16
0
10135900
10135900
17
0
8937900
8937900
18
0
7739900
7739900
19
0
6541900
6541900
20
0
5343900
5343900
22
400
2947900
2948300
23
600
1751900
1752500
24
800
1091400
1092200
25
2800
521100
523900
26
60600
4500
65100
27
120100
2100
122200
28
179600
1400
181000
29
239200
700
239900
30
300300
0
300300
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.