This page reflects LAC 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 — LAC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $4.00 (0.24 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.00
Nearest expiry
Expected Move
±$0.34
±9.0%
Days to Expiry
8
Calendar days
Total Call OI
5,698
Nearest expiry
Total Put OI
3,005
Nearest expiry
P/C OI Ratio
0.53
Put-heavy
Spot Price
$3.76
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$4.00
6/26/2026, 11:18:56 PM
2026-07-02
$4.00
7/2/2026, 11:19:59 PM
2026-07-10NextUpdated
$4.00
7/3/2026, 11:17:15 PM
2026-07-17
$5.00
7/3/2026, 11:17:15 PM
2026-07-24
$4.00
7/3/2026, 11:17:15 PM
2026-07-31
$4.00
7/3/2026, 11:17:15 PM
2026-08-07
$4.00
7/3/2026, 11:17:15 PM
2026-08-21
$5.00
7/3/2026, 11:17:15 PM
2026-11-20
$4.50
7/3/2026, 11:17:15 PM
2027-01-15
$4.00
7/3/2026, 11:17:15 PM
2027-02-19
$3.00
7/3/2026, 11:17:15 PM
Selected expiration: 2026-07-10 at max pain $4.00.
LAC pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
1.5
0
784800
784800
2
0
634550
634550
2.5
0
484300
484300
3
0
334250
334250
3.5
550
184200
184750
4
1700
53300
55000
4.5
39900
15500
55400
5
167300
4550
171850
5.5
337150
700
337850
6
552550
350
552900
6.5
791800
200
792000
7
1045850
100
1045950
7.5
1318100
0
1318100
8
1594550
0
1594550
8.5
1878500
0
1878500
9
2162450
0
2162450
9.5
2446950
0
2446950
11
3301350
0
3301350
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.