This page reflects SAIA 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 — SAIA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $440.00 (23.31 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$440.00
Nearest expiry
Expected Move
±$16.55
±4.0%
Days to Expiry
15
Calendar days
Total Call OI
344
Nearest expiry
Total Put OI
433
Nearest expiry
P/C OI Ratio
1.26
Put-heavy
Spot Price
$416.69
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
$410.00
5/15/2026, 11:32:13 PM
2026-06-18
$440.00
6/18/2026, 11:25:52 PM
2026-07-17NextUpdated
$440.00
7/3/2026, 11:24:51 PM
2026-08-21
$470.00
7/3/2026, 11:24:51 PM
2026-09-18
$360.00
7/3/2026, 11:24:51 PM
2026-12-18
$370.00
7/3/2026, 11:24:51 PM
Selected expiration: 2026-07-17 at max pain $440.00.
SAIA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
280
0
4484000
4484000
340
0
1892000
1892000
350
2000
1534000
1536000
360
5000
1176000
1181000
370
8000
836000
844000
380
11000
506000
517000
390
14000
404000
418000
400
17000
309000
326000
410
20000
241000
261000
420
30000
173000
203000
430
40000
115000
155000
440
55000
88000
143000
450
86000
64000
150000
460
223000
46000
269000
470
364000
29000
393000
480
508000
12000
520000
490
663000
3000
666000
500
838000
0
838000
510
1040000
0
1040000
520
1247000
0
1247000
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.