This page reflects LYB 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 — LYB
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $60.00 (5.33 below 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
±$2.23
±3.4%
Days to Expiry
3
Calendar days
Total Call OI
15,498
Nearest expiry
Total Put OI
12,190
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$65.33
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
$65.00
6/18/2026, 11:18:57 PM
2026-07-17
$57.50
7/17/2026, 11:26:13 PM
2026-08-21NextUpdated
$60.00
8/18/2026, 11:18:32 PM
2026-09-18
$67.50
8/18/2026, 11:18:32 PM
2026-12-18
$60.00
8/18/2026, 11:18:32 PM
2027-01-15
$65.00
8/18/2026, 11:18:32 PM
2027-03-19
$67.50
8/18/2026, 11:18:32 PM
2027-06-17
$60.00
8/18/2026, 11:18:32 PM
Selected expiration: 2026-08-21 at max pain $60.00.
LYB pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
26285250
26285250
37.5
1000
23250500
23251500
40
2000
20218500
20220500
42.5
3000
17191750
17194750
45
4000
14169500
14173500
47.5
5000
11211000
11216000
50
7750
8401000
8408750
52.5
20250
5844750
5865000
55
34250
3378500
3412750
57.5
177250
1206250
1383500
60
354750
283250
638000
62.5
942500
2750
945250
65
2123250
500
2123750
67.5
4653750
250
4654000
70
7620000
0
7620000
72.5
11298750
0
11298750
75
15012500
0
15012500
80
22718000
0
22718000
85
30450500
0
30450500
90
38193500
0
38193500
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.