This page reflects LNG 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 — LNG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $270.00 (0.05 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$270.00
Nearest expiry
Expected Move
±$8.65
±3.2%
Days to Expiry
7
Calendar days
Total Call OI
4,293
Nearest expiry
Total Put OI
1,302
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$269.95
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$272.50
9/25/2026, 11:17:50 PM
2026-10-02Updated
$267.50
10/2/2026, 11:16:44 PM
2026-10-09Next
$270.00
10/2/2026, 11:16:44 PM
2026-10-16
$272.50
10/2/2026, 11:16:44 PM
2026-10-23
$275.00
10/2/2026, 11:16:44 PM
2026-10-30
$270.00
10/2/2026, 11:16:44 PM
2026-11-06
$270.00
10/2/2026, 11:16:44 PM
2026-11-20
$260.00
10/2/2026, 11:16:44 PM
2026-12-18
$260.00
10/2/2026, 11:16:44 PM
2027-01-15
$240.00
10/2/2026, 11:16:44 PM
2027-03-19
$260.00
10/2/2026, 11:16:44 PM
2027-06-17
$270.00
10/2/2026, 11:16:44 PM
Selected expiration: 2026-10-09 at max pain $270.00.
LNG pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
165
0
12746750
12746750
185
2000
10142750
10144750
235
12000
3632750
3644750
240
13000
2982250
2995250
245
14000
2333250
2347250
247.5
14750
2013250
2028000
250
15500
1704000
1719500
255
17000
1098000
1115000
257.5
36750
817750
854500
260
56750
598500
655250
262.5
87500
460500
548000
265
122500
338750
461250
267.5
162500
226500
389000
270
208000
136000
344000
272.5
341250
79750
421000
275
505250
45250
550500
277.5
737750
18250
756000
280
997250
8250
1005500
282.5
1369750
5000
1374750
285
1804750
2000
1806750
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.