This page reflects LMB options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — LMB
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $80.00 (4.00 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$10.05
±13.2%
Days to Expiry
15
Calendar days
Total Call OI
2,719
Nearest expiry
Total Put OI
761
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$76.00
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$75.00
5/15/2026, 11:21:33 PM
2026-06-18
$70.00
6/18/2026, 11:20:22 PM
2026-07-17NextUpdated
$80.00
7/3/2026, 11:18:58 PM
2026-08-21
$80.00
7/3/2026, 11:18:58 PM
2026-09-18
$75.00
7/3/2026, 11:18:58 PM
2026-10-16
$90.00
7/3/2026, 11:18:58 PM
2027-01-15
$60.00
7/3/2026, 11:18:58 PM
Selected expiration: 2026-07-17 at max pain $80.00.
LMB pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
2219500
2219500
45
0
1839500
1839500
50
0
1461500
1461500
55
500
1094000
1094500
60
2000
737000
739000
65
4500
407500
412000
70
8000
98000
106000
75
18000
35500
53500
80
41000
2500
43500
85
84000
0
84000
90
1136500
0
1136500
95
2224000
0
2224000
100
3319500
0
3319500
105
4421000
0
4421000
110
5585500
0
5585500
115
6814000
0
6814000
120
8168500
0
8168500
125
9524000
0
9524000
130
10881000
0
10881000
135
12238000
0
12238000
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.