thetaOwl

SBUX

Starbucks CorporationClose $106.50EOD only
Max Pain
$106.00
Next expiry May 22, 2026
Expected Move
±$2.21
2.1% from close
Price Gap
-0.50
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.98
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — SBUX
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $106.00 (0.50 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$106.00
Nearest expiry
Expected Move
±$2.21
±2.1%
Days to Expiry
2
Calendar days
Total Call OI
9,496
Nearest expiry
Total Put OI
7,403
Nearest expiry
P/C OI Ratio
0.78
Put-heavy
Spot Price
$106.50
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$103.005/8/2026, 11:28:52 PM
2026-05-15$106.005/15/2026, 11:35:30 PM
2026-05-22NextUpdated$106.005/20/2026, 11:32:30 PM
2026-05-29$106.005/20/2026, 11:32:30 PM
2026-06-05$108.005/20/2026, 11:32:30 PM
2026-06-12$106.005/20/2026, 11:32:30 PM
2026-06-18$95.005/20/2026, 11:32:30 PM
2026-06-26$104.005/20/2026, 11:32:30 PM
2026-07-17$105.005/20/2026, 11:32:30 PM
2026-08-21$110.005/20/2026, 11:32:30 PM
2026-09-18$95.005/20/2026, 11:32:30 PM
2026-10-16$95.005/20/2026, 11:32:30 PM
2026-11-20$100.005/20/2026, 11:32:30 PM
2026-12-18$90.005/20/2026, 11:32:30 PM
2027-01-15$90.005/20/2026, 11:32:30 PM
2027-02-19$100.005/20/2026, 11:32:30 PM
2027-03-19$95.005/20/2026, 11:32:30 PM
Selected expiration: 2026-05-22 at max pain $106.00.
SBUX pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
5503403080034030800
6502666780026667800
7002298680022986800
7501931580019315800
7901639140016391400
8001566270015662700
8101495830014958300
8201425610014256100
8301355400013554000
841001285200012852100
852001215040012150600
863001145620011456500
874001076500010765400
885001007630010076800
8960093929009393500
9070087119008712600
91100080418008042800
92130073746007375900
93160067179006719500
94190060619006063800
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.