This page reflects LSTR 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 — LSTR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $190.00 (3.84 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$190.00
Nearest expiry
Expected Move
±$5.33
±2.9%
Days to Expiry
3
Calendar days
Total Call OI
140
Nearest expiry
Total Put OI
619
Nearest expiry
P/C OI Ratio
4.42
Put-heavy
Spot Price
$186.16
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
$175.00
6/18/2026, 11:20:56 PM
2026-07-17
$138.00
7/17/2026, 11:21:04 PM
2026-08-21NextUpdated
$190.00
8/18/2026, 11:24:53 PM
2026-09-18
$190.00
8/18/2026, 11:24:53 PM
2026-10-16
$180.00
8/18/2026, 11:24:53 PM
2027-01-15
$125.00
8/18/2026, 11:24:53 PM
Selected expiration: 2026-08-21 at max pain $190.00.
LSTR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
140
0
2235000
2235000
160
0
997000
997000
165
0
688000
688000
170
0
382000
382000
175
0
78500
78500
180
0
28000
28000
185
1500
19000
20500
190
4500
10500
15000
195
10000
5000
15000
200
24000
0
24000
210
64000
0
64000
220
138000
0
138000
230
220000
0
220000
240
310000
0
310000
250
446000
0
446000
280
857000
0
857000
300
1131000
0
1131000
310
1269000
0
1269000
320
1408000
0
1408000
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.