thetaOwl

LMND

Lemonade, Inc.Close $46.49EOD only
Max Pain
$46.50
Next expiry Oct 9, 2026
Expected Move
±$2.42
5.2% from close
Price Gap
+0.01
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.62
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects LMND options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Oct 2, 2026 close
Max Pain — LMND
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $46.50 (0.01 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$46.50
Nearest expiry
Expected Move
±$2.42
±5.2%
Days to Expiry
7
Calendar days
Total Call OI
2,155
Nearest expiry
Total Put OI
3,687
Nearest expiry
P/C OI Ratio
1.71
Put-heavy
Spot Price
$46.49
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$49.509/25/2026, 11:17:46 PM
2026-10-02Updated$46.0010/2/2026, 11:19:45 PM
2026-10-09Next$46.5010/2/2026, 11:19:45 PM
2026-10-16$47.0010/2/2026, 11:19:45 PM
2026-10-23$48.0010/2/2026, 11:19:45 PM
2026-10-30$50.0010/2/2026, 11:19:45 PM
2026-11-06$45.0010/2/2026, 11:19:45 PM
2026-11-20$50.0010/2/2026, 11:19:45 PM
2026-12-18$50.0010/2/2026, 11:19:45 PM
2027-01-15$40.0010/2/2026, 11:19:45 PM
2027-03-19$50.0010/2/2026, 11:19:45 PM
2027-06-17$50.0010/2/2026, 11:19:45 PM
Selected expiration: 2026-10-09 at max pain $46.50.
LMND pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
35042143004214300
3610038245003824600
37.525032399503240200
3830030452003045500
3940026558002656200
39.545024628002463250
4050022699002270400
40.580020776502078450
41110018855501886650
41.5140016951001696500
42170015053001507000
42.5210013176001319700
43250011304501132950
43.52950949450952400
443800771650775450
44.54850606800611650
459000444550453550
45.515400301250316650
4623050160000183050
46.552550128000180550
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.