This page reflects LGN 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 — LGN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $60.00 (3.66 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$4.55
±7.2%
Days to Expiry
3
Calendar days
Total Call OI
4,627
Nearest expiry
Total Put OI
1,343
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$63.66
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
$80.00
6/18/2026, 11:20:55 PM
2026-07-17
$70.00
7/17/2026, 11:19:44 PM
2026-08-21NextUpdated
$60.00
8/18/2026, 11:24:07 PM
2026-09-18
$65.00
8/18/2026, 11:24:07 PM
2026-11-20
$70.00
8/18/2026, 11:24:07 PM
2027-02-19
$45.00
8/18/2026, 11:24:07 PM
Selected expiration: 2026-08-21 at max pain $60.00.
LGN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
4688500
4688500
30
0
4019000
4019000
35
5000
3349500
3354500
40
10000
2680000
2690000
45
29000
2011000
2040000
50
53500
1344500
1398000
55
94500
701500
796000
60
268000
69000
337000
65
778500
24000
802500
70
1386500
9000
1395500
75
2650500
500
2651000
80
4518500
0
4518500
85
6409000
0
6409000
90
8327000
0
8327000
95
10345000
0
10345000
100
12373000
0
12373000
105
14443000
0
14443000
110
16536000
0
16536000
115
18704000
0
18704000
120
20875000
0
20875000
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.