Boston Beer Company, Inc. (The)Close $183.62EOD only
Max Pain
$175.00
Next expiry Jul 17, 2026
Expected Move
±$11.03
6.0% from close
Price Gap
-8.62
Distance to max pain
IV Rank
20
Low premium
P/C OI
1.95
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects SAM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — SAM
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $175.00 (8.62 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$175.00
Nearest expiry
Expected Move
±$11.03
±6.0%
Days to Expiry
15
Calendar days
Total Call OI
377
Nearest expiry
Total Put OI
1,887
Nearest expiry
P/C OI Ratio
5.01
Put-heavy
Spot Price
$183.62
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$185.00
5/15/2026, 11:35:06 PM
2026-06-18
$185.00
6/18/2026, 11:30:08 PM
2026-07-17NextUpdated
$175.00
7/3/2026, 11:28:32 PM
2026-08-21
$180.00
7/3/2026, 11:28:32 PM
2026-09-18
$190.00
7/3/2026, 11:28:32 PM
2026-12-18
$210.00
7/3/2026, 11:28:32 PM
Selected expiration: 2026-07-17 at max pain $175.00.
SAM pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
125
0
5363500
5363500
130
0
4420500
4420500
135
0
3478500
3478500
140
0
2537000
2537000
150
0
670000
670000
155
500
492000
492500
160
1000
319500
320500
165
1500
184500
186000
170
6500
81500
88000
175
26000
35500
61500
180
47000
15000
62000
185
83000
1500
84500
190
144000
0
144000
195
225000
0
225000
200
323500
0
323500
210
625500
0
625500
220
939500
0
939500
230
1294500
0
1294500
240
1650500
0
1650500
250
2007500
0
2007500
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.