Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Roku options about one week from expiration was $151.79. The chart above shows the exact max pain for each expiration date.

Roku closed above its near-term max pain on 20 of the last 20 trading days. On Nov 4, 2026 it closed at $162.77, 7.2% above max pain of $151.79.

Over the last 20 trading days, near-term max pain for Roku ranged from $108.57 to $151.79. It went from $141.00 on Oct 8, 2026 to $151.79 on Nov 4, 2026. See the ROKU max pain history for a longer view.

Roku enables consumers to stream television programming.