SBA Communications CorporationClose $161.82EOD only
Max Pain
$175.00
Next expiry Oct 16, 2026
Expected Move
±$7.70
4.8% from close
Price Gap
+13.18
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.42
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 5, 2026 close
End-of-day snapshot
This page reflects SBAC 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 — SBAC
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $175.00 (13.18 above 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
±$7.70
±4.8%
Days to Expiry
11
Calendar days
Total Call OI
3,994
Nearest expiry
Total Put OI
788
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$161.82
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
$185.00
8/21/2026, 11:28:54 PM
2026-09-18
$180.00
9/18/2026, 11:31:12 PM
2026-10-16NextUpdated
$175.00
10/5/2026, 11:28:11 PM
2026-11-20
$180.00
10/5/2026, 11:28:11 PM
2026-12-18
$175.00
10/5/2026, 11:28:11 PM
2027-03-19
$175.00
10/5/2026, 11:28:11 PM
Selected expiration: 2026-10-16 at max pain $175.00.
SBAC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
5808500
5808500
125
0
3838500
3838500
140
3000
2656500
2659500
145
4500
2266500
2271000
150
6500
1877000
1883500
155
10000
1489500
1499500
160
13500
1104500
1118000
165
17500
731000
748500
170
197000
361000
558000
175
388000
1000
389000
180
580000
0
580000
185
778500
0
778500
190
2456000
0
2456000
195
4158000
0
4158000
200
6005000
0
6005000
210
9998000
0
9998000
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.