This page reflects LMND 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 — LMND
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $53.00 (2.88 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$53.00
Nearest expiry
Expected Move
±$2.05
±4.1%
Days to Expiry
3
Calendar days
Total Call OI
10,052
Nearest expiry
Total Put OI
8,012
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$50.12
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
2026-08-07
$53.00
8/7/2026, 11:23:26 PM
2026-08-14
$53.00
8/14/2026, 11:22:35 PM
2026-08-21NextUpdated
$53.00
8/18/2026, 11:22:45 PM
2026-08-28
$51.00
8/18/2026, 11:22:45 PM
2026-09-04
$52.00
8/18/2026, 11:22:45 PM
2026-09-11
$54.00
8/18/2026, 11:22:45 PM
2026-09-18
$60.00
8/18/2026, 11:22:45 PM
2026-09-25
$52.00
8/18/2026, 11:22:45 PM
2026-10-02
$54.00
8/18/2026, 11:22:45 PM
2026-12-18
$60.00
8/18/2026, 11:22:45 PM
2027-01-15
$40.00
8/18/2026, 11:22:45 PM
2027-03-19
$70.00
8/18/2026, 11:22:45 PM
2027-06-17
$70.00
8/18/2026, 11:22:45 PM
Selected expiration: 2026-08-21 at max pain $53.00.
LMND pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
11781300
11781300
37
8200
10201900
10210100
39
16800
8622700
8639500
40
21300
7833100
7854400
41
26300
7052700
7079000
42
31300
6273400
6304700
43
36300
5498700
5535000
44
41300
4724600
4765900
45
47400
3954700
4002100
46
56600
3394200
3450800
47
67500
2843300
2910800
47.5
73800
2579350
2653150
48
80100
2316900
2397000
48.5
86400
2062650
2149050
49
92700
1812650
1905350
49.5
99050
1600850
1699900
50
105400
1394100
1499500
51
214400
1208500
1422900
52
328800
1040800
1369600
53
468000
900800
1368800
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.