This page reflects LNG 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 — LNG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $237.50 (8.47 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$237.50
Nearest expiry
Expected Move
±$7.90
±3.2%
Days to Expiry
8
Calendar days
Total Call OI
521
Nearest expiry
Total Put OI
595
Nearest expiry
P/C OI Ratio
1.14
Put-heavy
Spot Price
$245.97
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$225.00
6/26/2026, 11:18:52 PM
2026-07-02
$230.00
7/2/2026, 11:20:20 PM
2026-07-10NextUpdated
$237.50
7/3/2026, 11:17:11 PM
2026-07-17
$240.00
7/3/2026, 11:17:11 PM
2026-07-24
$220.00
7/3/2026, 11:17:11 PM
2026-07-31
$225.00
7/3/2026, 11:17:11 PM
2026-08-07
$230.00
7/3/2026, 11:17:11 PM
2026-08-21
$240.00
7/3/2026, 11:17:11 PM
2026-09-18
$240.00
7/3/2026, 11:17:11 PM
2026-11-20
$240.00
7/3/2026, 11:17:11 PM
2026-12-18
$210.00
7/3/2026, 11:17:11 PM
2027-01-15
$240.00
7/3/2026, 11:17:11 PM
2027-03-19
$210.00
7/3/2026, 11:17:11 PM
2027-06-17
$260.00
7/3/2026, 11:17:11 PM
Selected expiration: 2026-07-10 at max pain $237.50.
LNG pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
145
0
4769250
4769250
150
0
4472250
4472250
155
1000
4175750
4176750
160
3000
3880250
3883250
165
6000
3585250
3591250
205
30000
1229250
1259250
210
34000
935250
969250
215
38000
736250
774250
220
42000
538250
580250
225
47500
345250
392750
227.5
52000
267000
319000
230
56750
191500
248250
232.5
69500
131500
201000
235
82500
82250
164750
237.5
101000
57250
158250
240
123500
38500
162000
242.5
152250
31750
184000
245
182750
25000
207750
247.5
220750
20500
241250
250
260750
16000
276750
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.