This page reflects LAMR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — LAMR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $155.00 (3.28 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$155.00
Nearest expiry
Expected Move
±$4.40
±2.9%
Days to Expiry
3
Calendar days
Total Call OI
835
Nearest expiry
Total Put OI
619
Nearest expiry
P/C OI Ratio
0.74
Put-heavy
Spot Price
$151.72
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$150.00
6/18/2026, 11:20:36 PM
2026-07-17
$154.75
7/17/2026, 11:15:39 PM
2026-08-21NextUpdated
$155.00
8/18/2026, 11:20:01 PM
2026-09-18
$155.00
8/18/2026, 11:20:01 PM
2026-10-16
$145.00
8/18/2026, 11:20:01 PM
2027-01-15
$130.00
8/18/2026, 11:20:01 PM
Selected expiration: 2026-08-21 at max pain $155.00.
LAMR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
3354000
3354000
100
0
3045500
3045500
105
0
2737500
2737500
135
0
892500
892500
140
500
592000
592500
145
1000
347500
348500
150
2000
111000
113000
155
4000
8500
12500
160
61000
500
61500
165
188500
0
188500
170
440500
0
440500
175
834000
0
834000
180
1246000
0
1246000
200
2896000
0
2896000
210
3721000
0
3721000
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.