This page reflects LEA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — LEA
Data as of market close May 21, 2026
Nearest listed expiration 2026-06-18 shows max pain at $120.00 (18.43 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$120.00
Nearest expiry
Expected Move
±$3.90
±2.8%
Days to Expiry
28
Calendar days
Total Call OI
515
Nearest expiry
Total Put OI
1,182
Nearest expiry
P/C OI Ratio
2.30
Put-heavy
Spot Price
$138.43
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
$120.00
4/17/2026, 11:18:47 PM
2026-05-15
$125.00
5/15/2026, 11:21:29 PM
2026-06-18NextUpdated
$120.00
5/21/2026, 11:19:08 PM
2026-07-17
$115.00
5/21/2026, 11:19:08 PM
2026-09-18
$120.00
5/21/2026, 11:19:08 PM
2026-11-20
$115.00
5/21/2026, 11:19:08 PM
2026-12-18
$100.00
5/21/2026, 11:19:08 PM
Selected expiration: 2026-06-18 at max pain $120.00.
LEA pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
7273000
7273000
60
500
6682000
6682500
65
1000
6097500
6098500
70
1500
5515500
5517000
75
2000
4937500
4939500
80
2500
4365000
4367500
85
3000
3802000
3805000
90
3500
3244000
3247500
95
4000
2689000
2693000
100
4500
2138500
2143000
105
5000
1596500
1601500
110
5500
1061500
1067000
115
9000
538500
547500
120
29000
21500
50500
125
57000
6500
63500
130
141500
0
141500
135
327000
0
327000
140
524500
0
524500
145
775000
0
775000
150
1028000
0
1028000
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.