thetaOwl

SUN

Sunoco LPClose $68.28EOD only
Max Pain
$65.00
Next expiry Jul 17, 2026
Expected Move
±$3.05
4.5% from close
Price Gap
-3.28
Distance to max pain
IV Rank
9
Low premium
P/C OI
0.64
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects SUN 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 — SUN
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $65.00 (3.28 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$3.05
±4.5%
Days to Expiry
15
Calendar days
Total Call OI
567
Nearest expiry
Total Put OI
350
Nearest expiry
P/C OI Ratio
0.62
Put-heavy
Spot Price
$68.28
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$67.505/15/2026, 11:37:39 PM
2026-06-18$65.006/18/2026, 11:30:14 PM
2026-07-17NextUpdated$65.007/3/2026, 11:26:42 PM
2026-08-21$67.507/3/2026, 11:26:42 PM
2026-09-18$67.507/3/2026, 11:26:42 PM
2026-12-18$65.007/3/2026, 11:26:42 PM
Selected expiration: 2026-07-17 at max pain $65.00.
SUN pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
47.50445500445500
500358000358000
55500201500202000
57.5750130750131500
6010006525066250
62.522503325035500
6582501250020750
67.524500600030500
7056250275059000
72.51215000121500
752262500226250
77.53455000345500
804860000486000
857670000767000
90104850001048500
95133200001332000
100161550001615500
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.