thetaOwl

LPX

Louisiana-Pacific CorporationClose $71.23EOD only
Max Pain
$75.00
Next expiry Aug 21, 2026
Expected Move
±$3.12
4.4% from close
Price Gap
+3.77
Distance to max pain
IV Rank
44
Middle-high premium
P/C OI
0.98
Balanced positioning
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects LPX 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 — LPX
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $75.00 (3.77 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$3.12
±4.4%
Days to Expiry
3
Calendar days
Total Call OI
5,313
Nearest expiry
Total Put OI
5,977
Nearest expiry
P/C OI Ratio
1.12
Put-heavy
Spot Price
$71.23
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$70.006/18/2026, 11:21:46 PM
2026-07-17$75.007/17/2026, 11:19:12 PM
2026-08-21NextUpdated$75.008/18/2026, 11:24:22 PM
2026-09-18$70.008/18/2026, 11:24:22 PM
2026-11-20$60.008/18/2026, 11:24:22 PM
2027-02-19$45.008/18/2026, 11:24:22 PM
Selected expiration: 2026-08-21 at max pain $75.00.
LPX pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
4001715000017150000
4501418850014188500
5001123200011232000
55100082850008286000
60200053605005362500
65300024740002477000
70400011700001174000
7570003350040500
80775001400091500
855345006000540500
90105750001057500
95160300001603000
100416400004164000
105675900006759000
110935400009354000
11511966500011966500
12014612000014612000
13522572500022572500
14025226000025226000
14527881000027881000
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.