This page reflects LGN 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 — LGN
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $80.00 (2.46 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
±$12.25
±14.9%
Days to Expiry
29
Calendar days
Total Call OI
2,047
Nearest expiry
Total Put OI
80
Nearest expiry
P/C OI Ratio
0.04
Put-heavy
Spot Price
$82.46
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
$60.00
4/17/2026, 11:17:13 PM
2026-05-15
$75.00
5/15/2026, 11:17:19 PM
2026-06-18NextUpdated
$80.00
5/20/2026, 11:18:47 PM
2026-07-17
$70.00
5/20/2026, 11:18:47 PM
2026-08-21
$40.00
5/20/2026, 11:18:47 PM
2026-11-20
$35.00
5/20/2026, 11:18:47 PM
Selected expiration: 2026-06-18 at max pain $80.00.
LGN pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
180000
180000
60
0
146000
146000
65
0
115500
115500
70
500
86500
87000
75
2500
59000
61500
80
10000
35000
45000
85
128000
17000
145000
90
257500
1500
259000
95
603000
500
603500
100
1055000
0
1055000
105
1524000
0
1524000
110
2046000
0
2046000
115
2581500
0
2581500
120
3320000
0
3320000
125
4262000
0
4262000
130
5277500
0
5277500
135
6300500
0
6300500
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.