This page reflects LMAT 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 — LMAT
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $100.00 (1.43 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$5.88
±5.8%
Days to Expiry
29
Calendar days
Total Call OI
25
Nearest expiry
Total Put OI
26
Nearest expiry
P/C OI Ratio
1.04
Put-heavy
Spot Price
$101.43
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
$110.00
4/17/2026, 11:23:08 PM
2026-05-15
$100.00
5/15/2026, 11:22:39 PM
2026-06-18NextUpdated
$100.00
5/20/2026, 11:22:17 PM
2026-09-18
$120.00
5/20/2026, 11:22:17 PM
2026-12-18
$75.00
5/20/2026, 11:22:17 PM
Selected expiration: 2026-06-18 at max pain $100.00.
LMAT pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
94000
94000
60
0
81000
81000
65
500
68500
69000
70
1000
56000
57000
75
2000
44000
46000
80
3000
33500
36500
85
4000
24500
28500
90
5000
17500
22500
95
7500
10500
18000
100
10500
5000
15500
105
17000
1500
18500
110
25000
0
25000
115
33500
0
33500
120
44000
0
44000
130
67000
0
67000
135
79000
0
79000
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.