LQDA max pain

From the closing options book · October 20, 2026 · updated after every close

LQDA's max pain for the October 23, 2026 expiration was 34 at the October 20, 2026 close, −6.5% from LQDA's 36.35 close. Max pain is the price at which option holders' total intrinsic value at expiry would be smallest.

34
Max pain
Oct 23 expiry
36.35
Close
−6.5% to max pain
0.36
Put/call OI
0.8
Put/call volume

LQDA close vs max pain, last 20 sessions

SessionCloseMax painGap
Oct 2036.3534−6.5%
Oct 1934.1333−3.3%
Oct 1634.3533−3.9%
Oct 1534.7830−13.7%
Oct 1433.9430−11.6%
Oct 1326.8128+4.4%
Oct 1227.6728+1.2%
Oct 927.3828+2.3%
Oct 828.0226−7.2%
Oct 726.6827+1.2%
Oct 625.9127+4.2%
Oct 527.6426−5.9%
Oct 228.6425−12.7%
Oct 127.9930+7.2%
Sep 2970.6968−3.8%
Sep 2873.6768−7.7%
Sep 2568.4370+2.3%
Sep 2470.9567−5.6%
Sep 2367.4967−0.7%
Sep 2268.6467−2.4%

The session before, max pain sat at 33.

Open interest within 45 days stood at 12,027 calls and 4,288 puts, a put/call ratio of 0.36. On the day, 1,533 calls and 1,222 puts traded.

Max pain is a property of the open-interest book, not a forecast: price has no obligation to finish there, and on most days it does not. It is most useful as a reference for where the expiring book is balanced.

These are the October 20, 2026 closing numbers. Members see LQDA's map move live all session.

Common questions

What is LQDA's max pain?

34 for the October 23, 2026 expiration, from open interest at the October 20, 2026 close.

What is LQDA's put/call ratio?

By open interest 0.36; by volume 0.8 on October 20, 2026.

Does LQDA close at max pain?

Not reliably. Max pain describes where the expiring options book is balanced; it is a reference level, not a prediction.

Compare: max pain on other tickers

Measured from the closing options book and rebuilt after every close. Nothing on this page is live. Levels are where dealer hedging is concentrated, not targets or forecasts. Not investment advice.