thetaOwl

LASR

nLIGHT, Inc.Close $63.25EOD only
Max Pain
$65.00
Next expiry Jul 10, 2026
Expected Move
±$3.75
5.9% from close
Price Gap
+1.75
Distance to max pain
IV Rank
7
Low premium
P/C OI
1.80
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 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
Jul 2, 2026 close
Max Pain — LASR
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $65.00 (1.75 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$3.75
±5.9%
Days to Expiry
8
Calendar days
Total Call OI
256
Nearest expiry
Total Put OI
160
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$63.25
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$69.006/26/2026, 11:19:17 PM
2026-07-02$65.007/2/2026, 11:21:05 PM
2026-07-10NextUpdated$65.007/3/2026, 11:17:02 PM
2026-07-17$65.007/3/2026, 11:17:02 PM
2026-07-24$58.007/3/2026, 11:17:02 PM
2026-07-31$60.007/3/2026, 11:17:02 PM
2026-08-07$53.007/3/2026, 11:17:02 PM
2026-08-21$65.007/3/2026, 11:17:02 PM
2026-09-18$60.007/3/2026, 11:17:02 PM
2026-12-18$65.007/3/2026, 11:17:02 PM
Selected expiration: 2026-07-10 at max pain $65.00.
LASR pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
400316500316500
450238500238500
460223200223200
470207900207900
480193100193100
490178500178500
500164300164300
511000151900152900
522000139700141700
533000127800130800
544000116400120400
555000106500111500
56640096900103300
5778008750095300
60120006140073400
61151005600071100
63213004580067100
64244004140065800
65277003710064800
66323003440066700
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.