thetaOwl

ST

Sensata Technologies Holding plClose $47.74EOD only
Max Pain
$40.00
Next expiry Jun 18, 2026
Expected Move
±$4.47
9.4% from close
Price Gap
-7.74
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.21
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects ST 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 — ST
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $40.00 (7.74 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$4.47
±9.4%
Days to Expiry
29
Calendar days
Total Call OI
1,902
Nearest expiry
Total Put OI
557
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$47.74
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$35.004/17/2026, 11:27:17 PM
2026-05-15$42.505/15/2026, 11:39:34 PM
2026-06-18NextUpdated$40.005/20/2026, 11:29:41 PM
2026-07-17$40.005/20/2026, 11:29:41 PM
2026-08-21$35.005/20/2026, 11:29:41 PM
2026-09-18$40.005/20/2026, 11:29:41 PM
2026-11-20$45.005/20/2026, 11:29:41 PM
2026-12-18$35.005/20/2026, 11:29:41 PM
2027-01-15$27.505/20/2026, 11:29:41 PM
Selected expiration: 2026-06-18 at max pain $40.00.
ST pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
17.5012292501229250
22.50951250951250
250812500812500
27.50681250681250
300552000552000
32.5500447000447500
356750345000351750
37.518500252000270500
4049250164000213250
42.519650079000275500
453642505000369250
47.57222503000725250
50108750012501088750
52.5146825001468250
55194350001943500
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.