thetaOwl

ST

Sensata Technologies Holding plClose $43.11EOD only
Max Pain
$40.00
Next expiry Aug 21, 2026
Expected Move
±$1.60
3.7% from close
Price Gap
-3.11
Distance to max pain
IV Rank
38
Middle-high premium
P/C OI
0.21
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — ST
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $40.00 (3.11 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
±$1.60
±3.7%
Days to Expiry
3
Calendar days
Total Call OI
2,064
Nearest expiry
Total Put OI
915
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$43.11
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
2026-06-18$40.006/18/2026, 11:37:02 PM
2026-07-17$45.007/17/2026, 11:32:06 PM
2026-08-21NextUpdated$40.008/18/2026, 11:30:46 PM
2026-09-18$40.008/18/2026, 11:30:46 PM
2026-11-20$45.008/18/2026, 11:30:46 PM
2026-12-18$52.508/18/2026, 11:30:46 PM
2027-01-15$27.508/18/2026, 11:30:46 PM
2027-03-19$32.508/18/2026, 11:30:46 PM
Selected expiration: 2026-08-21 at max pain $40.00.
ST pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
12.5020710002071000
15018425001842500
17.5016140001614000
20013865001386500
22.5011602501160250
250935500935500
27.50712000712000
300514750514750
32.50364250364250
350215750215750
37.521750146750168500
404350092500136000
42.510400054250158250
4517700024500201500
47.52775007000284500
503907502750393500
52.5817750250818000
55129550001295500
57.5178300001783000
60228325002283250
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.