This page reflects LASR 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 — LASR
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $75.00 (3.70 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$3.05
±4.3%
Days to Expiry
2
Calendar days
Total Call OI
1,212
Nearest expiry
Total Put OI
1,592
Nearest expiry
P/C OI Ratio
1.31
Put-heavy
Spot Price
$71.30
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$69.00
5/8/2026, 11:17:48 PM
2026-05-15
$69.00
5/15/2026, 11:19:35 PM
2026-05-22NextUpdated
$75.00
5/20/2026, 11:19:13 PM
2026-05-29
$70.00
5/20/2026, 11:19:13 PM
2026-06-05
$70.00
5/20/2026, 11:19:13 PM
2026-06-12
$76.00
5/20/2026, 11:19:13 PM
2026-06-18
$30.00
5/20/2026, 11:19:13 PM
2026-06-26
$71.00
5/20/2026, 11:19:13 PM
2026-07-17
$65.00
5/20/2026, 11:19:13 PM
2026-09-18
$55.00
5/20/2026, 11:19:13 PM
2026-12-18
$55.00
5/20/2026, 11:19:13 PM
Selected expiration: 2026-05-22 at max pain $75.00.
LASR pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
4744550
4744550
45
0
3952050
3952050
46
0
3794150
3794150
47
0
3643750
3643750
48
0
3494550
3494550
49
0
3345950
3345950
50
0
3199450
3199450
51
0
3053550
3053550
52
0
2908650
2908650
53
0
2764650
2764650
54
0
2621050
2621050
55
0
2477950
2477950
56
0
2335250
2335250
57
0
2193150
2193150
58
0
2051850
2051850
59
0
1911250
1911250
60
200
1771150
1771350
61
400
1638250
1638650
62
600
1508550
1509150
63
800
1381350
1382150
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.