Lincoln Electric Holdings, Inc.Close $260.51EOD only
Max Pain
$120.00
Next expiry Jun 18, 2026
Expected Move
±$18.25
7.0% from close
Price Gap
-140.51
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.24
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — LECO
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $120.00 (140.51 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
±$18.25
±7.0%
Days to Expiry
29
Calendar days
Total Call OI
417
Nearest expiry
Total Put OI
90
Nearest expiry
P/C OI Ratio
0.22
Put-heavy
Spot Price
$260.51
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
$250.00
4/17/2026, 11:17:11 PM
2026-05-15
$230.00
5/15/2026, 11:22:20 PM
2026-06-18NextUpdated
$120.00
5/20/2026, 11:21:12 PM
2026-07-17
$200.00
5/20/2026, 11:21:12 PM
2026-08-21
$250.00
5/20/2026, 11:21:12 PM
2026-09-18
$270.00
5/20/2026, 11:21:12 PM
2026-11-20
$160.00
5/20/2026, 11:21:12 PM
2026-12-18
$250.00
5/20/2026, 11:21:12 PM
Selected expiration: 2026-06-18 at max pain $120.00.
LECO pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
641500
641500
125
66500
596500
663000
130
133000
555000
688000
165
602000
264500
866500
170
669500
223500
893000
175
737000
197500
934500
180
804500
172000
976500
185
872000
146500
1018500
190
939500
121000
1060500
195
1007000
110500
1117500
200
1074500
101000
1175500
210
1209500
83000
1292500
220
1344500
67000
1411500
230
1479500
53000
1532500
240
1618500
39000
1657500
250
1763500
25000
1788500
260
1909500
14000
1923500
270
2088500
10000
2098500
280
2317500
8000
2325500
290
2578500
6000
2584500
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.