This page reflects LKQ 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 — LKQ
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $25.00 (0.15 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$1.30
±5.2%
Days to Expiry
3
Calendar days
Total Call OI
12,481
Nearest expiry
Total Put OI
1,919
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$25.15
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
$27.50
6/18/2026, 11:21:34 PM
2026-07-17
$25.00
7/17/2026, 11:24:55 PM
2026-08-21NextUpdated
$25.00
8/18/2026, 11:20:13 PM
2026-09-18
$25.00
8/18/2026, 11:20:13 PM
2026-11-20
$25.00
8/18/2026, 11:20:13 PM
2026-12-18
$25.00
8/18/2026, 11:20:13 PM
2027-01-15
$27.50
8/18/2026, 11:20:13 PM
2027-02-19
$22.50
8/18/2026, 11:20:13 PM
Selected expiration: 2026-08-21 at max pain $25.00.
LKQ pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
1823250
1823250
17.5
500
1343750
1344250
20
2250
874250
876500
22.5
4750
457250
462000
25
21000
115000
136000
27.5
126500
62000
188500
30
1981250
24000
2005250
32.5
4904250
4250
4908500
35
7901250
250
7901500
37.5
10929750
0
10929750
40
14026250
0
14026250
42.5
17132250
0
17132250
45
20250250
0
20250250
47.5
23369250
0
23369250
50
26488500
0
26488500
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.