thetaOwl

SBUX

Starbucks CorporationClose $106.01EOD only
Max Pain
$107.00
Next expiry Aug 21, 2026
Expected Move
±$2.08
2.0% from close
Price Gap
+0.99
Distance to max pain
IV Rank
14
Low premium
P/C OI
1.08
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — SBUX
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $107.00 (0.99 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$107.00
Nearest expiry
Expected Move
±$2.08
±2.0%
Days to Expiry
3
Calendar days
Total Call OI
28,693
Nearest expiry
Total Put OI
23,851
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$106.01
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$106.008/7/2026, 11:31:14 PM
2026-08-14$110.008/14/2026, 11:28:22 PM
2026-08-21NextUpdated$107.008/18/2026, 11:29:16 PM
2026-08-28$107.008/18/2026, 11:29:16 PM
2026-09-04$107.008/18/2026, 11:29:16 PM
2026-09-11$105.008/18/2026, 11:29:16 PM
2026-09-18$105.008/18/2026, 11:29:16 PM
2026-09-25$107.008/18/2026, 11:29:16 PM
2026-10-02$107.008/18/2026, 11:29:16 PM
2026-10-16$105.008/18/2026, 11:29:16 PM
2026-11-20$105.008/18/2026, 11:29:16 PM
2026-12-18$90.008/18/2026, 11:29:16 PM
2027-01-15$95.008/18/2026, 11:29:16 PM
2027-02-19$100.008/18/2026, 11:29:16 PM
2027-03-19$100.008/18/2026, 11:29:16 PM
2027-06-17$110.008/18/2026, 11:29:16 PM
Selected expiration: 2026-08-21 at max pain $107.00.
SBUX pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
550106117300106117300
6010009419430094195300
6545008227180082276300
7095007035030070359800
75165005844380058460300
80250004672830046753300
85340003517730035211300
90430002409430024137300
91468002204740022094200
92506002001510020065700
93544001808430018138700
94582001615580016214000
95621001424080014302900
96679001264520012713100
97737001107190011145600
987950095656009645100
998530080692008154500
1009180065828006674600
10110420053986005502800
10211740043425004459900
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.