This page reflects LXP options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — LXP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-08-21 shows max pain at $45.00 (10.56 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$7.65
±13.8%
Days to Expiry
50
Calendar days
Total Call OI
93
Nearest expiry
Total Put OI
63
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$55.56
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
2026-05-15
$50.00
5/15/2026, 11:22:55 PM
2026-06-18
$50.00
6/18/2026, 11:21:23 PM
2026-08-21NextUpdated
$45.00
7/3/2026, 11:17:39 PM
2026-11-20
$55.00
7/3/2026, 11:17:39 PM
Selected expiration: 2026-08-21 at max pain $45.00.
LXP pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
111500
111500
35
1000
80000
81000
40
2500
48500
51000
45
4000
19500
23500
50
15500
9500
25000
55
40000
7000
47000
60
72000
4500
76500
65
117500
2000
119500
70
164000
0
164000
75
210500
0
210500
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.