This page reflects LPX 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 — LPX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $70.00 (4.90 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$1.93
±3.0%
Days to Expiry
14
Calendar days
Total Call OI
152
Nearest expiry
Total Put OI
10,151
Nearest expiry
P/C OI Ratio
66.78
Put-heavy
Spot Price
$65.10
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$75.00
8/21/2026, 11:20:39 PM
2026-09-18
$70.00
9/18/2026, 11:22:04 PM
2026-10-16NextUpdated
$70.00
10/2/2026, 11:17:01 PM
2026-11-20
$65.00
10/2/2026, 11:17:01 PM
2027-02-19
$70.00
10/2/2026, 11:17:01 PM
2027-05-21
$75.00
10/2/2026, 11:17:01 PM
Selected expiration: 2026-10-16 at max pain $70.00.
LPX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
20237500
20237500
45
500
15178000
15178500
55
1500
5060000
5061500
60
2000
2524000
2526000
65
2500
10000
12500
70
3000
500
3500
75
29000
0
29000
80
97500
0
97500
85
169000
0
169000
90
242000
0
242000
95
317500
0
317500
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.