thetaOwl

LYB

LyondellBasell Industries NVClose $53.36EOD only
Max Pain
$60.00
Next expiry Jul 17, 2026
Expected Move
±$3.72
7.0% from close
Price Gap
+6.64
Distance to max pain
IV Rank
4
Low premium
P/C OI
1.78
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects LYB 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 — LYB
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $60.00 (6.64 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$3.72
±7.0%
Days to Expiry
15
Calendar days
Total Call OI
6,696
Nearest expiry
Total Put OI
2,470
Nearest expiry
P/C OI Ratio
0.37
Put-heavy
Spot Price
$53.36
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$70.005/15/2026, 11:23:19 PM
2026-06-18$65.006/18/2026, 11:18:57 PM
2026-07-17NextUpdated$60.007/3/2026, 11:20:07 PM
2026-08-21$55.007/3/2026, 11:20:07 PM
2026-09-18$70.007/3/2026, 11:20:07 PM
2026-12-18$60.007/3/2026, 11:20:07 PM
2027-01-15$65.007/3/2026, 11:20:07 PM
2027-03-19$67.507/3/2026, 11:20:07 PM
2027-06-17$62.507/3/2026, 11:20:07 PM
Selected expiration: 2026-07-17 at max pain $60.00.
LYB pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
45029355002935500
47.5150023247502326250
50300017285001731500
52.51350012042501217750
5525750741250767000
57.5107750427750535500
60309500223000532500
62.5602250110000712250
651252250435001295750
67.5213100002131000
70307650003076500
72.5407700004077000
75513125005131250
77.5629450006294500
80746850007468500
82.5909925009099250
8510749000010749000
9014065500014065500
9517408000017408000
10020751500020751500
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.