thetaOwl

LAMR

Lamar Advertising CompanyClose $157.56EOD only
Max Pain
$154.75
Next expiry Jul 17, 2026
Expected Move
±$1.77
1.1% from close
Price Gap
-2.81
Distance to max pain
IV Rank
14
Low premium
P/C OI
1.17
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects LAMR 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 — LAMR
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $154.75 (2.81 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$154.75
Nearest expiry
Expected Move
±$1.77
±1.1%
Days to Expiry
15
Calendar days
Total Call OI
877
Nearest expiry
Total Put OI
1,447
Nearest expiry
P/C OI Ratio
1.65
Put-heavy
Spot Price
$157.56
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$140.005/15/2026, 11:21:25 PM
2026-06-18$150.006/18/2026, 11:20:36 PM
2026-07-17NextUpdated$154.757/3/2026, 11:20:18 PM
2026-08-21$145.007/3/2026, 11:20:18 PM
2026-10-16$140.007/3/2026, 11:20:18 PM
2027-01-15$120.007/3/2026, 11:20:18 PM
Selected expiration: 2026-07-17 at max pain $154.75.
LAMR pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
74.7501010095010100950
7501006485010064850
79.75093813259381325
80093453759345375
84.75086628008662800
89.75079448007944800
99.75065088006508800
100064729506472950
104.75142557927505794175
105150057570005758500
109.75292550806005083525
110300050480005051000
114.75490044305004435400
119.75690038405003847400
120702538111253818150
124.754502532530003298025
1254705032242253271275
129.758695026775002764450
134.7512995021025002232450
13513215020744502206600
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.