This page reflects LEA 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 — LEA
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $120.00 (13.31 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
±$10.30
±7.7%
Days to Expiry
29
Calendar days
Total Call OI
515
Nearest expiry
Total Put OI
1,186
Nearest expiry
P/C OI Ratio
2.30
Put-heavy
Spot Price
$133.31
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
5/20/2026, 11:18:51 PM
2026-07-17
$115.00
5/20/2026, 11:18:51 PM
2026-09-18
$120.00
5/20/2026, 11:18:51 PM
2026-11-20
$115.00
5/20/2026, 11:18:51 PM
2026-12-18
$100.00
5/20/2026, 11:18:51 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
7299000
7299000
60
500
6706000
6706500
65
1000
6119500
6120500
70
1500
5535500
5537000
75
2000
4955500
4957500
80
2500
4381000
4383500
85
3000
3816000
3819000
90
3500
3256000
3259500
95
4000
2699000
2703000
100
4500
2146500
2151000
105
5000
1602500
1607500
110
5500
1065500
1071000
115
9000
540500
549500
120
29500
21500
51000
125
58000
6500
64500
130
143000
0
143000
135
329000
0
329000
140
527000
0
527000
145
778000
0
778000
150
1031000
0
1031000
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.