Lincoln Electric Holdings, Inc.Close $281.97EOD only
Max Pain
$260.00
Next expiry Aug 21, 2026
Expected Move
±$7.08
2.5% from close
Price Gap
-21.97
Distance to max pain
IV Rank
40
Middle-high premium
P/C OI
0.14
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects LECO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — LECO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $260.00 (21.97 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$260.00
Nearest expiry
Expected Move
±$7.08
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
3,010
Nearest expiry
Total Put OI
176
Nearest expiry
P/C OI Ratio
0.06
Put-heavy
Spot Price
$281.97
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$120.00
6/18/2026, 11:20:52 PM
2026-07-17
$260.00
7/17/2026, 11:20:14 PM
2026-08-21NextUpdated
$260.00
8/18/2026, 11:19:53 PM
2026-09-18
$270.00
8/18/2026, 11:19:53 PM
2026-11-20
$195.00
8/18/2026, 11:19:53 PM
2026-12-18
$230.00
8/18/2026, 11:19:53 PM
2027-03-19
$200.00
8/18/2026, 11:19:53 PM
Selected expiration: 2026-08-21 at max pain $260.00.
LECO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
135
0
1331500
1331500
140
0
1243500
1243500
155
1500
994500
996000
160
2500
911500
914000
170
5500
746500
752000
175
7000
664000
671000
180
9000
582000
591000
185
11000
514000
525000
190
13000
467000
480000
195
15000
420500
435500
200
17500
377000
394500
210
22500
294000
316500
220
27500
215000
242500
230
32500
141000
173500
240
40500
94000
134500
250
49500
50000
99500
260
80500
13000
93500
270
826500
7000
833500
280
1894500
2000
1896500
290
4559500
0
4559500
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.