thetaOwl

SUN

Sunoco LPClose $71.98EOD only
Max Pain
$65.00
Next expiry Jun 18, 2026
Expected Move
±$12.47
17.3% from close
Price Gap
-6.98
Distance to max pain
IV Rank
14
Low premium
P/C OI
0.37
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — SUN
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $65.00 (6.98 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
±$12.47
±17.3%
Days to Expiry
29
Calendar days
Total Call OI
4,375
Nearest expiry
Total Put OI
2,045
Nearest expiry
P/C OI Ratio
0.47
Put-heavy
Spot Price
$71.98
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$65.004/17/2026, 11:33:40 PM
2026-05-15$67.505/15/2026, 11:37:39 PM
2026-06-18NextUpdated$65.005/20/2026, 11:30:08 PM
2026-09-18$65.005/20/2026, 11:30:08 PM
2026-12-18$65.005/20/2026, 11:30:08 PM
Selected expiration: 2026-06-18 at max pain $65.00.
SUN pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
30049895004989500
35039675003967500
37.5034592503459250
42.5024452502445250
45019635001963500
47.5015067501506750
50010687501068750
52.51250755500756750
557250537250544500
57.513250371750385000
6019250253000272250
62.532750163750196500
654625094250140500
67.528100041750322750
70588250250588500
72.59772500977250
75161425001614250
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.