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 Starbucks options about one week from expiration was $102.00. The chart above shows the exact max pain for each expiration date.

Starbucks closed above its near-term max pain on 15 of the last 20 trading days. On Nov 4, 2026 it closed at $109.71, 7.6% above max pain of $102.00.

Over the last 20 trading days, near-term max pain for Starbucks ranged from $93.00 to $102.00. It went from $99.43 on Oct 8, 2026 to $102.00 on Nov 4, 2026. See the SBUX max pain history for a longer view.

Starbucks stands out as the world's largest and most recognizable coffee brand, powered by ultracustomizable beverages in-store and a sweeping footprint of nearly 41,000 cafes in over 80 countries.