BFH · Bread Financial Holdings, Inc.

Track BFH — free Ask ALVIS about BFH

$109.80 -2.54 (-2.26%) At close · Aug 6

Market Cap

$4.22B

38.42M

Options Chain

15-min delayed Underlying $109.80 · today Options Calculator

Positioning

Aug 21, 2026 · 14 days to expiry · 80 contracts

Put / call OI

2.36

Put-heavy positioning

Open interest

1,615

contracts outstanding

Volume

209

traded today

Max pain

$100.00

$9.80 below spot

ATM implied vol

37.1%

market's expected move

Open interest by strike · near the money

Calls Puts

32.5

37.5

42.5

47.5

52.5

57.5

62.5

67.5

72.5

77.5

82.5

87.5

92.5

97.5

100

105

110

115

120

125

130

135

140

145

150

155

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 14d Sep 18 42d Nov 20 105d Dec 18 133d Mar 19 224d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
0	—	380.7%	0.981	—		—	—	—	—	0
Call · $30 In the money Last — Breakeven — Implied vol 380.7% Delta 0.981 ≈98% ITM Gamma 0.001 Theta -0.131 Vega 0.011 Open interest 0 Model this call Put · $30 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	340.9%	0.983	—		—	—	—	—	0
Call · $32.5 In the money Last — Breakeven — Implied vol 340.9% Delta 0.983 ≈98% ITM Gamma 0.001 Theta -0.106 Vega 0.012 Open interest 0 Model this call Put · $32.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	316.8%	0.983	—		—	—	—	—	0
Call · $35 In the money Last — Breakeven — Implied vol 316.8% Delta 0.983 ≈98% ITM Gamma 0.001 Theta -0.099 Vega 0.012 Open interest 0 Model this call Put · $35 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	302.4%	0.981	—		—	—	—	—	0
Call · $37.5 In the money Last — Breakeven — Implied vol 302.4% Delta 0.981 ≈98% ITM Gamma 0.001 Theta -0.104 Vega 0.013 Open interest 0 Model this call Put · $37.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	289%	0.979	—		$0.85	—	—	1	1
Call · $40 In the money Last — Breakeven — Implied vol 289% Delta 0.979 ≈98% ITM Gamma 0.001 Theta -0.11 Vega 0.013 Open interest 0 Model this call Put · $40 Last $0.85 Breakeven $39.15 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this put
0	—	269.1%	0.979	—		$1.00	—	—	1	1
Call · $42.5 In the money Last — Breakeven — Implied vol 269.1% Delta 0.979 ≈98% ITM Gamma 0.001 Theta -0.102 Vega 0.014 Open interest 0 Model this call Put · $42.5 Last $1.00 Breakeven $41.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this put
0	—	253.9%	0.977	—		$1.26	-0.018	243%	4	4
Call · $45 In the money Last — Breakeven — Implied vol 253.9% Delta 0.977 ≈98% ITM Gamma 0.001 Theta -0.101 Vega 0.014 Open interest 0 Model this call Put · $45 Last $1.26 Breakeven $43.74 Implied vol 243% Delta -0.018 ≈2% ITM Gamma 0.001 Theta -0.081 Vega 0.014 Open interest 4 Model this put
0	—	229.2%	0.981	—		—	-0.019	229.2%	—	0
Call · $47.5 In the money Last — Breakeven — Implied vol 229.2% Delta 0.981 ≈98% ITM Gamma 0.001 Theta -0.082 Vega 0.015 Open interest 0 Model this call Put · $47.5 Last — Breakeven — Implied vol 229.2% Delta -0.019 ≈2% ITM Gamma 0.001 Theta -0.08 Vega 0.014 Open interest 0 Model this put
0	—	226%	0.975	—		—	-0.02	216.2%	—	0
Call · $50 In the money Last — Breakeven — Implied vol 226% Delta 0.975 ≈97% ITM Gamma 0.001 Theta -0.099 Vega 0.015 Open interest 0 Model this call Put · $50 Last — Breakeven — Implied vol 216.2% Delta -0.02 ≈2% ITM Gamma 0.001 Theta -0.079 Vega 0.015 Open interest 0 Model this put
0	—	216.5%	0.972	—		—	-0.021	203.9%	—	0
Call · $52.5 In the money Last — Breakeven — Implied vol 216.5% Delta 0.972 ≈97% ITM Gamma 0.001 Theta -0.104 Vega 0.015 Open interest 0 Model this call Put · $52.5 Last — Breakeven — Implied vol 203.9% Delta -0.021 ≈2% ITM Gamma 0.001 Theta -0.078 Vega 0.015 Open interest 0 Model this put
0	—	204.1%	0.97	—		—	-0.023	192.1%	—	0
Call · $55 In the money Last — Breakeven — Implied vol 204.1% Delta 0.97 ≈97% ITM Gamma 0.001 Theta -0.103 Vega 0.016 Open interest 0 Model this call Put · $55 Last — Breakeven — Implied vol 192.1% Delta -0.023 ≈2% ITM Gamma 0.001 Theta -0.077 Vega 0.016 Open interest 0 Model this put
2	2	201.8%	0.964	$19.81		—	-0.024	180.9%	—	0
Call · $57.5 In the money Last $19.81 Breakeven $77.31 Implied vol 201.8% Delta 0.964 ≈96% ITM Gamma 0.002 Theta -0.121 Vega 0.016 Open interest 2 Model this call Put · $57.5 Last — Breakeven — Implied vol 180.9% Delta -0.024 ≈2% ITM Gamma 0.001 Theta -0.076 Vega 0.016 Open interest 0 Model this put
2	1	187.3%	0.963	$52.36		—	-0.026	170.1%	—	0
Call · $60 In the money Last $52.36 Breakeven $112.36 Implied vol 187.3% Delta 0.963 ≈96% ITM Gamma 0.002 Theta -0.114 Vega 0.016 Open interest 2 Model this call Put · $60 Last — Breakeven — Implied vol 170.1% Delta -0.026 ≈3% ITM Gamma 0.002 Theta -0.075 Vega 0.016 Open interest 0 Model this put
1	1	194.5%	0.95	$49.84		—	-0.027	159.9%	—	0
Call · $62.5 In the money Last $49.84 Breakeven $112.34 Implied vol 194.5% Delta 0.95 ≈95% ITM Gamma 0.002 Theta -0.152 Vega 0.029 Open interest 1 Model this call Put · $62.5 Last — Breakeven — Implied vol 159.9% Delta -0.027 ≈3% ITM Gamma 0.002 Theta -0.074 Vega 0.017 Open interest 0 Model this put
1	1	179.3%	0.951	$42.36		$0.05	-0.014	126%	1	1
Call · $65 In the money Last $42.36 Breakeven $107.36 Implied vol 179.3% Delta 0.951 ≈95% ITM Gamma 0.003 Theta -0.141 Vega 0.03 Open interest 1 Model this call Put · $65 Last $0.05 Breakeven $64.95 Implied vol 126% Delta -0.014 ≈1% ITM Gamma 0.001 Theta -0.032 Vega 0.009 Open interest 1 Model this put
1	1	166.3%	0.949	$14.03		—	-0.031	140.5%	—	0
Call · $67.5 In the money Last $14.03 Breakeven $81.53 Implied vol 166.3% Delta 0.949 ≈95% ITM Gamma 0.003 Theta -0.133 Vega 0.03 Open interest 1 Model this call Put · $67.5 Last — Breakeven — Implied vol 140.5% Delta -0.031 ≈3% ITM Gamma 0.002 Theta -0.072 Vega 0.018 Open interest 0 Model this put
10	10	143.6%	0.956	$24.91		—	-0.035	134.2%	—	0
Call · $70 In the money Last $24.91 Breakeven $94.91 Implied vol 143.6% Delta 0.956 ≈96% ITM Gamma 0.003 Theta -0.102 Vega 0.018 Open interest 10 Model this call Put · $70 Last — Breakeven — Implied vol 134.2% Delta -0.035 ≈4% ITM Gamma 0.003 Theta -0.077 Vega 0.018 Open interest 0 Model this put
17	1	134.4%	0.954	$18.23		$6.32	-0.035	122.6%	1	1
Call · $72.5 In the money Last $18.23 Breakeven $90.73 Implied vol 134.4% Delta 0.954 ≈95% ITM Gamma 0.003 Theta -0.101 Vega 0.018 Open interest 17 Model this call Put · $72.5 Last $6.32 Breakeven $66.18 Implied vol 122.6% Delta -0.035 ≈3% ITM Gamma 0.003 Theta -0.07 Vega 0.018 Open interest 1 Model this put
16	1	120.1%	0.956	$33.48		$0.40	-0.04	116.9%	3	46
Call · $75 In the money Last $33.48 Breakeven $108.48 Implied vol 120.1% Delta 0.956 ≈96% ITM Gamma 0.003 Theta -0.087 Vega 0.019 Open interest 16 Model this call Put · $75 Last $0.40 Breakeven $74.60 Implied vol 116.9% Delta -0.04 ≈4% ITM Gamma 0.003 Theta -0.075 Vega 0.019 Open interest 46 Model this put
91	1	111.6%	0.953	$7.00		$4.10	-0.04	106%	2	3
Call · $77.5 In the money Last $7.00 Breakeven $84.50 Implied vol 111.6% Delta 0.953 ≈95% ITM Gamma 0.004 Theta -0.086 Vega 0.019 Open interest 91 Model this call Put · $77.5 Last $4.10 Breakeven $73.40 Implied vol 106% Delta -0.04 ≈4% ITM Gamma 0.004 Theta -0.068 Vega 0.019 Open interest 3 Model this put
16	17	111.1%	0.938	$28.33		—	-0.043	98%	—	0
Call · $80 In the money Last $28.33 Breakeven $108.33 Implied vol 111.1% Delta 0.938 ≈94% ITM Gamma 0.005 Theta -0.105 Vega 0.033 Open interest 16 Model this call Put · $80 Last — Breakeven — Implied vol 98% Delta -0.043 ≈4% ITM Gamma 0.004 Theta -0.067 Vega 0.019 Open interest 0 Model this put
20	1	105%	0.928	$30.17		$0.05	-0.013	67.1%	2	4
Call · $82.5 In the money Last $30.17 Breakeven $112.67 Implied vol 105% Delta 0.928 ≈93% ITM Gamma 0.006 Theta -0.111 Vega 0.034 Open interest 20 Model this call Put · $82.5 Last $0.05 Breakeven $82.45 Implied vol 67.1% Delta -0.013 ≈1% ITM Gamma 0.002 Theta -0.017 Vega 0.01 Open interest 4 Model this put
5	1	96.2%	0.923	$27.20		$0.05	-0.051	83%	1	6
Call · $85 In the money Last $27.20 Breakeven $112.20 Implied vol 96.2% Delta 0.923 ≈92% ITM Gamma 0.007 Theta -0.108 Vega 0.034 Open interest 5 Model this call Put · $85 Last $0.05 Breakeven $84.95 Implied vol 83% Delta -0.051 ≈5% ITM Gamma 0.006 Theta -0.065 Vega 0.02 Open interest 6 Model this put
3	3	81.8%	0.93	$4.20		$0.10	-0.072	82.8%	85	222
Call · $87.5 In the money Last $4.20 Breakeven $91.70 Implied vol 81.8% Delta 0.93 ≈93% ITM Gamma 0.007 Theta -0.087 Vega 0.035 Open interest 3 Model this call Put · $87.5 Last $0.10 Breakeven $87.40 Implied vol 82.8% Delta -0.072 ≈7% ITM Gamma 0.008 Theta -0.085 Vega 0.035 Open interest 222 Model this put
7	1	79.3%	0.909	$23.75		$1.20	-0.065	69.7%	1	250
Call · $90 In the money Last $23.75 Breakeven $113.75 Implied vol 79.3% Delta 0.909 ≈91% ITM Gamma 0.009 Theta -0.102 Vega 0.035 Open interest 7 Model this call Put · $90 Last $1.20 Breakeven $88.80 Implied vol 69.7% Delta -0.065 ≈7% ITM Gamma 0.008 Theta -0.066 Vega 0.035 Open interest 250 Model this put
7	2	64.2%	0.92	$6.58		$0.33	-0.081	64.7%	1	256
Call · $92.5 In the money Last $6.58 Breakeven $99.08 Implied vol 64.2% Delta 0.92 ≈92% ITM Gamma 0.01 Theta -0.077 Vega 0.036 Open interest 7 Model this call Put · $92.5 Last $0.33 Breakeven $92.17 Implied vol 64.7% Delta -0.081 ≈8% ITM Gamma 0.011 Theta -0.072 Vega 0.036 Open interest 256 Model this put
9	2	67%	0.878	$15.66		$3.40	-0.1	59.8%	30	38
Call · $95 In the money Last $15.66 Breakeven $110.66 Implied vol 67% Delta 0.878 ≈88% ITM Gamma 0.014 Theta -0.108 Vega 0.054 Open interest 9 Model this call Put · $95 Last $3.40 Breakeven $91.60 Implied vol 59.8% Delta -0.1 ≈10% ITM Gamma 0.013 Theta -0.078 Vega 0.036 Open interest 38 Model this put
10	2	57.9%	0.863	$16.73		$2.95	-0.126	55.6%	2	57
Call · $97.5 In the money Last $16.73 Breakeven $114.23 Implied vol 57.9% Delta 0.863 ≈86% ITM Gamma 0.017 Theta -0.1 Vega 0.055 Open interest 10 Model this call Put · $97.5 Last $2.95 Breakeven $94.55 Implied vol 55.6% Delta -0.126 ≈13% ITM Gamma 0.017 Theta -0.086 Vega 0.055 Open interest 57 Model this put
103	5	51%	0.836	$9.73		$1.91	-0.186	56.8%	1	26
Call · $100 In the money Last $9.73 Breakeven $109.73 Implied vol 51% Delta 0.836 ≈84% ITM Gamma 0.022 Theta -0.099 Vega 0.056 Open interest 103 Model this call Put · $100 Last $1.91 Breakeven $98.09 Implied vol 56.8% Delta -0.186 ≈19% ITM Gamma 0.021 Theta -0.113 Vega 0.056 Open interest 26 Model this put
113	5	37.4%	0.745	$9.40		$3.40	-0.276	41.8%	1	1
Call · $105 In the money Last $9.40 Breakeven $114.40 Implied vol 37.4% Delta 0.745 ≈75% ITM Gamma 0.039 Theta -0.095 Vega 0.075 Open interest 113 Model this call Put · $105 Last $3.40 Breakeven $101.60 Implied vol 41.8% Delta -0.276 ≈28% ITM Gamma 0.036 Theta -0.103 Vega 0.075 Open interest 1 Model this put
Underlying $109.80
22	1	42.7%	0.52	$4.81		$4.80	-0.485	31.4%	5	217
Call · $110 Last $4.81 Breakeven $114.81 Implied vol 42.7% Delta 0.52 ≈52% ITM Gamma 0.043 Theta -0.133 Vega 0.088 Open interest 22 Model this call Put · $110 In the money Last $4.80 Breakeven $105.20 Implied vol 31.4% Delta -0.485 ≈49% ITM Gamma 0.059 Theta -0.092 Vega 0.088 Open interest 217 Model this put
13	2	38.6%	0.301	$1.50		—	-0.785	27.1%	—	0
Call · $115 Last $1.50 Breakeven $116.50 Implied vol 38.6% Delta 0.301 ≈30% ITM Gamma 0.041 Theta -0.103 Vega 0.079 Open interest 13 Model this call Put · $115 In the money Last — Breakeven — Implied vol 27.1% Delta -0.785 ≈78% ITM Gamma 0.05 Theta -0.055 Vega 0.061 Open interest 0 Model this put
8	3	47.8%	0.2	$2.63		—	—	—	—	0
Call · $120 Last $2.63 Breakeven $122.63 Implied vol 47.8% Delta 0.2 ≈20% ITM Gamma 0.026 Theta -0.101 Vega 0.062 Open interest 8 Model this call Put · $120 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
2	1	51.7%	0.122	$0.85		—	—	—	—	0
Call · $125 Last $0.85 Breakeven $125.85 Implied vol 51.7% Delta 0.122 ≈12% ITM Gamma 0.018 Theta -0.079 Vega 0.042 Open interest 2 Model this call Put · $125 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
1	1	56.7%	0.078	$1.10		—	—	—	—	0
Call · $130 Last $1.10 Breakeven $131.10 Implied vol 56.7% Delta 0.078 ≈8% ITM Gamma 0.012 Theta -0.063 Vega 0.043 Open interest 1 Model this call Put · $130 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	65.5%	0.069	—		—	—	—	—	0
Call · $135 Last — Breakeven — Implied vol 65.5% Delta 0.069 ≈7% ITM Gamma 0.009 Theta -0.065 Vega 0.025 Open interest 0 Model this call Put · $135 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	73.9%	0.062	—		—	—	—	—	0
Call · $140 Last — Breakeven — Implied vol 73.9% Delta 0.062 ≈6% ITM Gamma 0.007 Theta -0.068 Vega 0.026 Open interest 0 Model this call Put · $140 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
1	1	—	—	$0.05		—	—	—	—	0
Call · $145 Last $0.05 Breakeven $145.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this call Put · $145 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $150 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $150 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $155 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $155 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. The 22 strikes around the money are shown by default — switch to "All 40" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 1101215 CUSIP 018581108 13F (30d) 143 filings 128 filers Visit website Investor relations