This page reflects LB 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 — LB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $80.00 (3.79 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$6.58
±7.8%
Days to Expiry
14
Calendar days
Total Call OI
335
Nearest expiry
Total Put OI
132
Nearest expiry
P/C OI Ratio
0.39
Put-heavy
Spot Price
$83.79
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$75.00
8/21/2026, 11:20:16 PM
2026-09-18
$85.00
9/18/2026, 11:20:25 PM
2026-10-16NextUpdated
$80.00
10/2/2026, 11:19:40 PM
2026-11-20
$70.00
10/2/2026, 11:19:40 PM
2026-12-18
$55.00
10/2/2026, 11:19:40 PM
2027-02-19
$70.00
10/2/2026, 11:19:40 PM
2027-05-21
$55.00
10/2/2026, 11:19:40 PM
Selected expiration: 2026-10-16 at max pain $80.00.
LB pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
440500
440500
70
0
113000
113000
75
500
51000
51500
80
6500
19500
26000
85
32000
4500
36500
90
71000
0
71000
95
143500
0
143500
100
234500
0
234500
105
390500
0
390500
110
555500
0
555500
115
720500
0
720500
120
886000
0
886000
125
1052500
0
1052500
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.