thetaOwl

LASR

nLIGHT, Inc.Close $40.58EOD only
Max Pain
$42.00
Next expiry Oct 9, 2026
Expected Move
±$2.52
6.2% from close
Price Gap
+1.42
Distance to max pain
IV Rank
9
Low premium
P/C OI
1.63
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects LASR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Oct 2, 2026 close
Max Pain — LASR
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $42.00 (1.42 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$42.00
Nearest expiry
Expected Move
±$2.52
±6.2%
Days to Expiry
7
Calendar days
Total Call OI
2,153
Nearest expiry
Total Put OI
152
Nearest expiry
P/C OI Ratio
0.07
Put-heavy
Spot Price
$40.58
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$40.009/25/2026, 11:20:15 PM
2026-10-02Updated$40.0010/2/2026, 11:20:30 PM
2026-10-09Next$42.0010/2/2026, 11:20:30 PM
2026-10-16$45.0010/2/2026, 11:20:30 PM
2026-10-23$49.0010/2/2026, 11:20:30 PM
2026-10-30$50.0010/2/2026, 11:20:30 PM
2026-11-06$51.0010/2/2026, 11:20:30 PM
2026-11-20$40.0010/2/2026, 11:20:30 PM
2026-12-18$55.0010/2/2026, 11:20:30 PM
2027-03-19$40.0010/2/2026, 11:20:30 PM
Selected expiration: 2026-10-09 at max pain $42.00.
LASR pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
290147100147100
300135000135000
310123200123200
330100400100400
3408900089000
351007810078200
362006820068400
373005830058600
384004890049300
395004080041300
409003340034300
4137002830032000
4271002390031000
43165001990036400
44270001600043000
45378001300050800
4625210010000262100
474666007200473800
486813004600685900
498963002200898500
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.