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 Saia options about one week from expiration was $331.72. The chart above shows the exact max pain for each expiration date.

Saia closed above its near-term max pain on 5 of the last 20 trading days. On Nov 4, 2026 it closed at $361.64, 9.0% above max pain of $331.72.

Over the last 20 trading days, near-term max pain for Saia ranged from $326.46 to $370.10. It went from $350.71 on Oct 8, 2026 to $331.72 on Nov 4, 2026. See the SAIA max pain history for a longer view.

Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 210 facilities and a fleet of more than 7,500 tractors and 26,000 trailers.