thetaOwl

LIND

Lindblad Expeditions Holdings IClose $32.35EOD only
Max Pain
$17.50
Next expiry Aug 21, 2026
Expected Move
±$2.80
8.7% from close
Price Gap
-14.85
Distance to max pain
IV Rank
35
Middle-high premium
P/C OI
0.40
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects LIND 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 — LIND
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $17.50 (14.85 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$17.50
Nearest expiry
Expected Move
±$2.80
±8.7%
Days to Expiry
3
Calendar days
Total Call OI
449
Nearest expiry
Total Put OI
305
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$32.35
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$17.506/18/2026, 11:21:46 PM
2026-07-17$30.007/17/2026, 11:23:22 PM
2026-08-21NextUpdated$17.508/18/2026, 11:20:48 PM
2026-09-18$30.008/18/2026, 11:20:48 PM
2026-10-16$22.508/18/2026, 11:20:48 PM
2027-01-15$17.508/18/2026, 11:20:48 PM
Selected expiration: 2026-08-21 at max pain $17.50.
LIND pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
50449500449500
7.50373750373750
100298250298250
12.50228250228250
152000168750170750
17.54250111750116000
209275075750168500
22.518125040750222000
252707506000276750
304772501000478250
356957500695750
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.