This page reflects LULU 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 — LULU
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $119.00 (0.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$119.00
Nearest expiry
Expected Move
±$4.29
±3.6%
Days to Expiry
3
Calendar days
Total Call OI
27,443
Nearest expiry
Total Put OI
21,010
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$119.01
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
2026-08-07
$120.00
8/7/2026, 11:21:02 PM
2026-08-14
$120.00
8/14/2026, 11:22:01 PM
2026-08-21NextUpdated
$119.00
8/18/2026, 11:21:32 PM
2026-08-28
$122.00
8/18/2026, 11:21:32 PM
2026-09-04
$123.00
8/18/2026, 11:21:32 PM
2026-09-11
$121.00
8/18/2026, 11:21:32 PM
2026-09-18
$135.00
8/18/2026, 11:21:32 PM
2026-09-25
$120.00
8/18/2026, 11:21:32 PM
2026-10-02
$120.00
8/18/2026, 11:21:32 PM
2026-11-20
$125.00
8/18/2026, 11:21:32 PM
2026-12-18
$160.00
8/18/2026, 11:21:32 PM
2027-01-15
$160.00
8/18/2026, 11:21:32 PM
2027-03-19
$135.00
8/18/2026, 11:21:32 PM
2027-06-17
$150.00
8/18/2026, 11:21:32 PM
Selected expiration: 2026-08-21 at max pain $119.00.
LULU pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
103052800
103052800
70
10000
82104800
82114800
75
15000
71632300
71647300
80
20000
61424300
61444300
85
25000
51236300
51261300
90
30000
41418300
41448300
95
113000
31674300
31787300
100
200000
22281800
22481800
102
279600
19257800
19537400
103
319400
17748700
18068100
104
359900
16239800
16599700
105
401300
14734700
15136000
106
448700
13372100
13820800
107
496100
12014600
12510700
108
543900
10692900
11236800
109
593300
9430300
10023600
110
645100
8204200
8849300
111
721100
7189200
7910300
112
804200
6201200
7005400
113
899900
5277900
6177800
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.