This page reflects LHX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — LHX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $240.00 (3.40 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$240.00
Nearest expiry
Expected Move
±$3.65
±1.5%
Days to Expiry
7
Calendar days
Total Call OI
564
Nearest expiry
Total Put OI
117
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$236.60
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$240.00
9/25/2026, 11:17:43 PM
2026-10-02Updated
$237.50
10/2/2026, 11:19:44 PM
2026-10-09Next
$240.00
10/2/2026, 11:19:44 PM
2026-10-16
$250.00
10/2/2026, 11:19:44 PM
2026-10-23
$245.00
10/2/2026, 11:19:44 PM
2026-10-30
$240.00
10/2/2026, 11:19:44 PM
2026-11-06
$235.00
10/2/2026, 11:19:44 PM
2026-11-20
$250.00
10/2/2026, 11:19:44 PM
2026-12-18
$250.00
10/2/2026, 11:19:44 PM
2027-01-15
$280.00
10/2/2026, 11:19:44 PM
2027-02-19
$260.00
10/2/2026, 11:19:44 PM
2027-05-21
$250.00
10/2/2026, 11:19:44 PM
Selected expiration: 2026-10-09 at max pain $240.00.
LHX pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
225
0
161250
161250
230
1500
106750
108250
235
3000
55750
58750
237.5
5250
43250
48500
240
7500
32250
39750
242.5
30250
23000
53250
245
54250
15000
69250
247.5
81000
9250
90250
250
109500
3500
113000
252.5
150250
1500
151750
255
191000
0
191000
257.5
251250
0
251250
260
336500
0
336500
265
548000
0
548000
267.5
676500
0
676500
270
805250
0
805250
275
1063250
0
1063250
280
1327750
0
1327750
285
1593750
0
1593750
305
2661750
0
2661750
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.