thetaOwl

STRL

Sterling Infrastructure, Inc.Close $554.76EOD only
Max Pain
$580.00
Next expiry Aug 21, 2026
Expected Move
±$30.80
5.5% from close
Price Gap
+25.24
Distance to max pain
IV Rank
14
Low premium
P/C OI
0.78
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects STRL 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 — STRL
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $580.00 (25.24 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$580.00
Nearest expiry
Expected Move
±$30.80
±5.5%
Days to Expiry
3
Calendar days
Total Call OI
3,615
Nearest expiry
Total Put OI
3,218
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$554.76
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$620.006/18/2026, 11:33:21 PM
2026-07-17$600.007/17/2026, 11:38:03 PM
2026-08-21NextUpdated$580.008/18/2026, 11:31:38 PM
2026-09-18$540.008/18/2026, 11:31:38 PM
2026-12-18$520.008/18/2026, 11:31:38 PM
2027-01-15$580.008/18/2026, 11:31:38 PM
2027-03-19$480.008/18/2026, 11:31:38 PM
Selected expiration: 2026-08-21 at max pain $580.00.
STRL pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
32005740500057405000
33005419600054196000
34010005098900050990000
35020004778300047785000
36050004460000044605000
37080004157200041580000
380110003854500038556000
390140003575700035771000
400170003300800033025000
410250003046600030491000
420340002797300028007000
430440002554600025590000
440600002314500023205000
450770002081400020891000
460980001870200018800000
4702400001667700016917000
4803860001469000015076000
4905440001274000013284000
5007050001083200011537000
5101121000931900010440000
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.