Lincoln Educational Services CoClose $47.43EOD only
Max Pain
$30.00
Next expiry Jun 18, 2026
Expected Move
±$5.60
11.8% from close
Price Gap
-17.43
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.31
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects LINC 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 — LINC
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $30.00 (17.43 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$5.60
±11.8%
Days to Expiry
29
Calendar days
Total Call OI
1,224
Nearest expiry
Total Put OI
386
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$47.43
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
$30.00
4/17/2026, 11:21:56 PM
2026-05-15
$35.00
5/15/2026, 11:23:57 PM
2026-06-18NextUpdated
$30.00
5/20/2026, 11:17:45 PM
2026-07-17
$40.00
5/20/2026, 11:17:45 PM
2026-09-18
$35.00
5/20/2026, 11:17:45 PM
2026-12-18
$55.00
5/20/2026, 11:17:45 PM
Selected expiration: 2026-06-18 at max pain $30.00.
LINC pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
10
0
618250
618250
12.5
0
521750
521750
15
0
428000
428000
17.5
0
353250
353250
20
250
298500
298750
22.5
8000
243750
251750
25
16000
201500
217500
30
35000
132000
167000
35
128500
76000
204500
40
323500
28000
351500
45
763000
11500
774500
50
1270500
5000
1275500
55
1867000
0
1867000
60
2476500
0
2476500
65
3088000
0
3088000
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.