This page reflects LMND 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 — LMND
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $54.00 (3.36 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$54.00
Nearest expiry
Expected Move
±$2.78
±4.8%
Days to Expiry
2
Calendar days
Total Call OI
4,949
Nearest expiry
Total Put OI
6,068
Nearest expiry
P/C OI Ratio
1.23
Put-heavy
Spot Price
$57.36
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$59.00
5/8/2026, 11:18:20 PM
2026-05-15
$55.00
5/15/2026, 11:23:04 PM
2026-05-22NextUpdated
$54.00
5/20/2026, 11:17:18 PM
2026-05-29
$56.00
5/20/2026, 11:17:18 PM
2026-06-05
$53.00
5/20/2026, 11:17:18 PM
2026-06-12
$57.00
5/20/2026, 11:17:18 PM
2026-06-18
$60.00
5/20/2026, 11:17:18 PM
2026-06-26
$55.00
5/20/2026, 11:17:18 PM
2026-07-17
$65.00
5/20/2026, 11:17:18 PM
2026-09-18
$65.00
5/20/2026, 11:17:18 PM
2026-12-18
$55.00
5/20/2026, 11:17:18 PM
2027-01-15
$40.00
5/20/2026, 11:17:18 PM
Selected expiration: 2026-05-22 at max pain $54.00.
LMND pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
7288200
7288200
40
500
4257200
4257700
42
1900
3540000
3541900
42.5
2250
3360900
3363150
43
2600
3182000
3184600
43.5
3200
3003350
3006550
44
3800
2825050
2828850
44.5
4550
2646800
2651350
45
5300
2468750
2474050
45.5
6650
2295900
2302550
46
9450
2124400
2133850
46.5
12250
1955400
1967650
47
16500
1790150
1806650
47.5
21000
1643650
1664650
48
25500
1502100
1527600
48.5
30250
1366950
1397200
49
35500
1235200
1270700
49.5
40850
1110700
1151550
50
46800
993700
1040500
51
72100
794300
866400
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.