thetaOwl

SBUX

Starbucks CorporationClose $104.27EOD only
Max Pain
$103.00
Next expiry Jul 10, 2026
Expected Move
±$3.16
3.0% from close
Price Gap
-1.27
Distance to max pain
IV Rank
12
Low premium
P/C OI
1.00
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects SBUX 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 — SBUX
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $103.00 (1.27 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$103.00
Nearest expiry
Expected Move
±$3.16
±3.0%
Days to Expiry
8
Calendar days
Total Call OI
2,366
Nearest expiry
Total Put OI
6,118
Nearest expiry
P/C OI Ratio
2.59
Put-heavy
Spot Price
$104.27
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$101.006/26/2026, 11:26:48 PM
2026-07-02$102.007/2/2026, 11:29:28 PM
2026-07-10NextUpdated$103.007/3/2026, 11:25:21 PM
2026-07-17$102.007/3/2026, 11:25:21 PM
2026-07-24$99.007/3/2026, 11:25:21 PM
2026-07-31$102.007/3/2026, 11:25:21 PM
2026-08-07$105.007/3/2026, 11:25:21 PM
2026-08-21$100.007/3/2026, 11:25:21 PM
2026-09-18$95.007/3/2026, 11:25:21 PM
2026-10-16$100.007/3/2026, 11:25:21 PM
2026-11-20$100.007/3/2026, 11:25:21 PM
2026-12-18$90.007/3/2026, 11:25:21 PM
2027-01-15$90.007/3/2026, 11:25:21 PM
2027-02-19$100.007/3/2026, 11:25:21 PM
2027-03-19$100.007/3/2026, 11:25:21 PM
2027-06-17$105.007/3/2026, 11:25:21 PM
Selected expiration: 2026-07-10 at max pain $103.00.
SBUX pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
85084042008404200
86077964007796400
87071887007188700
88065818006581800
89059767005976700
90053736005373600
91047785004778500
92041837004183700
9320035931003593300
9460030030003003600
95100024199002420900
96230018447001847000
97520012742001279400
989000915500924500
9913300586400599700
10018500399400417900
10130000248900278900
10245500150700196200
1037800072500150500
10416770019600187300
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.