This page reflects LPLA 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 — LPLA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $280.00 (15.18 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$280.00
Nearest expiry
Expected Move
±$19.60
±6.6%
Days to Expiry
15
Calendar days
Total Call OI
2,401
Nearest expiry
Total Put OI
402
Nearest expiry
P/C OI Ratio
0.17
Put-heavy
Spot Price
$295.18
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$300.00
5/15/2026, 11:23:21 PM
2026-06-18
$290.00
6/18/2026, 11:21:15 PM
2026-07-17NextUpdated
$280.00
7/3/2026, 11:18:31 PM
2026-08-21
$280.00
7/3/2026, 11:18:31 PM
2026-10-16
$300.00
7/3/2026, 11:18:31 PM
2026-12-18
$310.00
7/3/2026, 11:18:31 PM
2027-01-15
$260.00
7/3/2026, 11:18:31 PM
Selected expiration: 2026-07-17 at max pain $280.00.
LPLA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
160
0
4220000
4220000
180
0
3416000
3416000
185
0
3215500
3215500
190
1000
3016000
3017000
195
2000
2817000
2819000
200
3000
2620000
2623000
210
8000
2229000
2237000
220
13000
1838000
1851000
230
22000
1476000
1498000
240
31000
1136000
1167000
250
43000
806000
849000
260
56000
563000
619000
270
135000
353000
488000
280
225000
230000
455000
290
329000
136000
465000
300
629000
89000
718000
310
1089000
62000
1151000
320
1604000
45000
1649000
330
2943000
35000
2978000
340
4336000
26000
4362000
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.