Lumentum Inc. (LITE)
Lumentum Max Pain By Strike
LITE trades at $114.65, pinned near the near-term max pain of $115 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($70-$115), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Lumentum Max Pain By Expiry
Max pain for LITE shows an upward trend from 70 to 115, suggesting bullish positioning in longer-dated options. The 54% spread signals divergent expectations across timeframes. Most levels below 114.65 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 115 | 0.35 (0.31%) |
| Sep 19, 2025 | 77.5 | -37.15 (-32.40%) |
| Oct 17, 2025 | 70 | -44.65 (-38.94%) |
| Dec 19, 2025 | 80 | -34.65 (-30.22%) |
| Jan 16, 2026 | 72.5 | -42.15 (-36.76%) |
| Mar 20, 2026 | 92.5 | -22.15 (-19.32%) |
| Jun 18, 2026 | 87.5 | -27.15 (-23.68%) |
| Sep 18, 2026 | 82.5 | -32.15 (-28.04%) |
| Jan 15, 2027 | 75 | -39.65 (-34.58%) |