thetaOwl

LRCX

Lam Research CorporationClose $292.09EOD only
Max Pain
$280.00
Next expiry May 22, 2026
Expected Move
±$14.82
5.1% from close
Price Gap
-12.09
Distance to max pain
IV Rank
54
Middle-high premium
P/C OI
1.07
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects LRCX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 20, 2026 close
Max Pain — LRCX
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $280.00 (12.09 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
±$14.82
±5.1%
Days to Expiry
2
Calendar days
Total Call OI
18,800
Nearest expiry
Total Put OI
23,092
Nearest expiry
P/C OI Ratio
1.23
Put-heavy
Spot Price
$292.09
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$262.505/8/2026, 11:20:35 PM
2026-05-15$260.005/15/2026, 11:22:40 PM
2026-05-22NextUpdated$280.005/20/2026, 11:19:53 PM
2026-05-29$270.005/20/2026, 11:19:53 PM
2026-06-05$275.005/20/2026, 11:19:53 PM
2026-06-12$270.005/20/2026, 11:19:53 PM
2026-06-18$220.005/20/2026, 11:19:53 PM
2026-06-26$280.005/20/2026, 11:19:53 PM
2026-07-17$300.005/20/2026, 11:19:53 PM
2026-08-21$250.005/20/2026, 11:19:53 PM
2026-09-18$210.005/20/2026, 11:19:53 PM
2026-10-16$280.005/20/2026, 11:19:53 PM
2026-11-20$270.005/20/2026, 11:19:53 PM
2026-12-18$140.005/20/2026, 11:19:53 PM
2027-01-15$122.005/20/2026, 11:19:53 PM
2027-03-19$300.005/20/2026, 11:19:53 PM
Selected expiration: 2026-05-22 at max pain $280.00.
LRCX pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
1250219579500219579500
1404500191355500191360000
14516000181947500181963500
15028000172614000172642000
15540000163293000163333000
16052000153977500154029500
16564000144664500144728500
17076000135484000135560000
17590000126440500126530500
180104500117400500117505000
185119000108690500108809500
187.5127500104363750104491250
190136000100039500100175500
192.51447509576325095908000
1951535009148800091641500
197.51635008727100087434500
2001740008306225083236250
2051985007523975075438250
207.52160007146150071677500
2102337506768950067923250
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.