(LRNZ)
Max Pain By Strike
LRNZ trades at $44.82, pinned near the near-term max pain of $44 expiring Sep 19, 2025 (7 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($25-$44), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for LRNZ shows a downward trend from 44 to 25, indicating bearish sentiment or hedging activity. The 53% spread signals divergent expectations across timeframes. Most levels below 44.82 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 |
|---|---|---|
| Sep 19, 2025 | 44 | -0.82 (-1.83%) |
| Oct 17, 2025 | 37 | -7.82 (-17.45%) |
| Nov 21, 2025 | 25 | -19.82 (-44.22%) |
| Feb 20, 2026 | 38 | -6.82 (-15.22%) |