thetaOwl

STZ

Constellation Brands, Inc.Close $137.47EOD only
Max Pain
$141.00
Next expiry Jul 10, 2026
Expected Move
±$2.35
1.7% from close
Price Gap
+3.53
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.78
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects STZ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 2, 2026 close
Max Pain — STZ
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $141.00 (3.53 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$141.00
Nearest expiry
Expected Move
±$2.35
±1.7%
Days to Expiry
8
Calendar days
Total Call OI
1,532
Nearest expiry
Total Put OI
1,770
Nearest expiry
P/C OI Ratio
1.16
Put-heavy
Spot Price
$137.47
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$141.006/26/2026, 11:32:32 PM
2026-07-02$140.007/2/2026, 11:30:32 PM
2026-07-10NextUpdated$141.007/3/2026, 11:31:29 PM
2026-07-17$145.007/3/2026, 11:31:29 PM
2026-07-24$145.007/3/2026, 11:31:29 PM
2026-07-31$145.007/3/2026, 11:31:29 PM
2026-08-07$145.007/3/2026, 11:31:29 PM
2026-08-21$140.007/3/2026, 11:31:29 PM
2026-09-18$145.007/3/2026, 11:31:29 PM
2026-10-16$150.007/3/2026, 11:31:29 PM
2026-12-18$150.007/3/2026, 11:31:29 PM
2027-01-15$160.007/3/2026, 11:31:29 PM
2027-03-19$155.007/3/2026, 11:31:29 PM
2027-06-17$120.007/3/2026, 11:31:29 PM
Selected expiration: 2026-07-10 at max pain $141.00.
STZ pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
7001128660011286600
80100095166009517600
85200086316008633600
90300077466007749600
1151050033216003332100
1201200024391002451100
1251350016676001681100
1291470010640001078700
13015000914100929100
13115300779500794800
13315900563700579600
13516500356700373200
13617700259100276800
13718900170900189800
13820100138500158600
13921300106500127800
140225007530097800
141291006370092800
1437450040500115000
1449720033400130600
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.