This page reflects LAMR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — LAMR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $145.00 (6.80 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$145.00
Nearest expiry
Expected Move
±$9.20
±6.1%
Days to Expiry
29
Calendar days
Total Call OI
667
Nearest expiry
Total Put OI
428
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$151.80
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$129.75
4/17/2026, 11:19:41 PM
2026-05-15
$140.00
5/15/2026, 11:21:25 PM
2026-06-18NextUpdated
$145.00
5/20/2026, 11:18:38 PM
2026-07-17
$120.00
5/20/2026, 11:18:38 PM
2026-10-16
$140.00
5/20/2026, 11:18:38 PM
Selected expiration: 2026-06-18 at max pain $145.00.
LAMR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
115
0
1033000
1033000
120
0
823000
823000
125
0
615500
615500
130
1000
411500
412500
135
2500
217500
220000
140
5000
84500
89500
145
14500
18000
32500
150
33000
9000
42000
155
75500
2000
77500
160
390000
500
390500
165
721000
0
721000
170
1052000
0
1052000
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.