This page reflects LYB options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — LYB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $62.50 (3.92 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$62.50
Nearest expiry
Expected Move
±$3.73
±6.4%
Days to Expiry
14
Calendar days
Total Call OI
6,873
Nearest expiry
Total Put OI
14,126
Nearest expiry
P/C OI Ratio
2.06
Put-heavy
Spot Price
$58.58
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$60.00
8/21/2026, 11:21:55 PM
2026-09-18
$65.00
9/18/2026, 11:22:18 PM
2026-10-16NextUpdated
$62.50
10/2/2026, 11:16:43 PM
2026-11-20
$60.00
10/2/2026, 11:16:43 PM
2026-12-18
$60.00
10/2/2026, 11:16:43 PM
2027-01-15
$65.00
10/2/2026, 11:16:43 PM
2027-03-19
$67.50
10/2/2026, 11:16:43 PM
2027-06-17
$65.00
10/2/2026, 11:16:43 PM
2027-09-17
$60.00
10/2/2026, 11:16:43 PM
Selected expiration: 2026-10-16 at max pain $62.50.
LYB pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
47.5
0
16460000
16460000
50
0
12929250
12929250
52.5
8500
9672500
9681000
55
17000
6417250
6434250
57.5
28750
3903500
3932250
60
66750
1538250
1605000
62.5
174750
20000
194750
65
609250
5000
614250
67.5
1504250
1000
1505250
70
2783750
0
2783750
72.5
4352750
0
4352750
75
5970250
0
5970250
77.5
7663250
0
7663250
80
9362750
0
9362750
85
12794250
0
12794250
90
16229250
0
16229250
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.