Nearest listed expiration 2026-08-21 shows max pain at $320.00 (7.92 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$320.00
Nearest expiry
Expected Move
±$16.95
±5.2%
Days to Expiry
3
Calendar days
Total Call OI
67,608
Nearest expiry
Total Put OI
71,211
Nearest expiry
P/C OI Ratio
1.05
Put-heavy
Spot Price
$327.92
Published close
Consensus
4.0/10
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
2026-08-07
$300.00
8/7/2026, 11:24:45 PM
2026-08-14
$320.00
8/14/2026, 11:22:46 PM
2026-08-21NextUpdated
$320.00
8/18/2026, 11:20:43 PM
2026-08-28
$315.00
8/18/2026, 11:20:43 PM
2026-09-04
$310.00
8/18/2026, 11:20:43 PM
2026-09-11
$320.00
8/18/2026, 11:20:43 PM
2026-09-18
$280.00
8/18/2026, 11:20:43 PM
2026-09-25
$320.00
8/18/2026, 11:20:43 PM
2026-10-02
$320.00
8/18/2026, 11:20:43 PM
2026-10-16
$330.00
8/18/2026, 11:20:43 PM
2026-11-20
$330.00
8/18/2026, 11:20:43 PM
2026-12-18
$165.00
8/18/2026, 11:20:43 PM
2027-01-15
$160.00
8/18/2026, 11:20:43 PM
2027-03-19
$340.00
8/18/2026, 11:20:43 PM
2027-06-17
$330.00
8/18/2026, 11:20:43 PM
Selected expiration: 2026-08-21 at max pain $320.00.
LRCX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
1129170000
1129170000
115
9000
1093977500
1093986500
120
25000
1059009000
1059034000
125
42500
1024063500
1024106000
130
61500
990109500
990171000
135
84000
956877500
956961500
140
116500
923658000
923774500
145
182000
890462000
890644000
150
249000
857463000
857712000
155
318500
825059500
825378000
160
389500
792671000
793060500
165
462500
760306000
760768500
170
536000
728029000
728565000
175
613500
696463500
697077000
180
694500
665161000
665855500
185
781500
634017500
634799000
190
870500
603166500
604037000
195
970500
572548500
573519000
200
1075500
542107000
543182500
210
1350500
482907000
484257500
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.