This page reflects SBLK 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 — SBLK
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $30.00 (0.84 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$1.38
±4.5%
Days to Expiry
11
Calendar days
Total Call OI
2,657
Nearest expiry
Total Put OI
4,364
Nearest expiry
P/C OI Ratio
1.64
Put-heavy
Spot Price
$30.84
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
$28.00
8/21/2026, 11:29:28 PM
2026-09-18
$30.00
9/18/2026, 11:30:48 PM
2026-10-16NextUpdated
$30.00
10/5/2026, 11:27:23 PM
2026-11-20
$30.00
10/5/2026, 11:27:23 PM
2027-01-15
$31.00
10/5/2026, 11:27:23 PM
2027-02-19
$35.00
10/5/2026, 11:27:23 PM
2027-05-21
$40.00
10/5/2026, 11:27:23 PM
2027-06-17
$22.00
10/5/2026, 11:27:23 PM
Selected expiration: 2026-10-16 at max pain $30.00.
SBLK pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
22
0
3139800
3139800
25
0
1830600
1830600
26
6000
1397800
1403800
27
12100
965400
977500
28
18200
646300
664500
29
58000
337800
395800
30
107500
57300
164800
31
189700
28700
218400
32
295400
10000
305400
33
446900
2000
448900
34
681000
1000
682000
35
928100
0
928100
36
1190700
0
1190700
37
1454900
0
1454900
38
1720400
0
1720400
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.