This page reflects LPTH 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 — LPTH
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $12.50 (1.72 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$12.50
Nearest expiry
Expected Move
±$1.52
±10.7%
Days to Expiry
3
Calendar days
Total Call OI
8,461
Nearest expiry
Total Put OI
10,829
Nearest expiry
P/C OI Ratio
1.28
Put-heavy
Spot Price
$14.22
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
2026-06-18
$12.50
6/18/2026, 11:18:06 PM
2026-07-17
$12.50
7/17/2026, 11:21:47 PM
2026-08-21NextUpdated
$12.50
8/18/2026, 11:24:25 PM
2026-09-18
$12.50
8/18/2026, 11:24:25 PM
2026-12-18
$15.00
8/18/2026, 11:24:25 PM
2027-01-15
$12.50
8/18/2026, 11:24:25 PM
2027-03-19
$15.00
8/18/2026, 11:24:25 PM
2027-06-17
$12.50
8/18/2026, 11:24:25 PM
Selected expiration: 2026-08-21 at max pain $12.50.
LPTH pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
8181500
8181500
5
250
5474250
5474500
7.5
500
2804750
2805250
10
14250
507750
522000
12.5
83500
137500
221000
15
495000
2500
497500
17.5
1370000
500
1370500
20
2884000
0
2884000
22.5
4744500
0
4744500
25
6639000
0
6639000
30
10867000
0
10867000
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.