This page reflects LXEO 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 — LXEO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $5.00 (0.07 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$5.00
Nearest expiry
Expected Move
±$0.62
±12.7%
Days to Expiry
3
Calendar days
Total Call OI
734
Nearest expiry
Total Put OI
1,592
Nearest expiry
P/C OI Ratio
2.17
Put-heavy
Spot Price
$4.93
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
$1.00
6/18/2026, 11:18:31 PM
2026-07-17
$5.00
7/17/2026, 11:19:11 PM
2026-08-21NextUpdated
$5.00
8/18/2026, 11:21:55 PM
2026-09-18
$6.00
8/18/2026, 11:21:55 PM
2026-11-20
$6.00
8/18/2026, 11:21:55 PM
2027-02-19
$6.00
8/18/2026, 11:21:55 PM
Selected expiration: 2026-08-21 at max pain $5.00.
LXEO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
336300
336300
3
0
181200
181200
4
100
32900
33000
5
800
14900
15700
6
62300
4100
66400
7
126000
3100
129100
8
191100
2100
193200
9
257600
1300
258900
10
329200
600
329800
11
401800
100
401900
12
474900
0
474900
13
548000
0
548000
17
840400
0
840400
20
1060300
0
1060300
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.