Las Vegas Sands Corp. (LVS)
Las Vegas Sands Max Pain By Strike
LVS trades at $53.75, pinned near the near-term max pain of $53 expiring Sep 12, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($37.5-$55), signaling increased put positioning or downside protection. Key magnetic zone at 38 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Las Vegas Sands Max Pain By Expiry
Max pain for LVS shows a downward trend from 55 to 37.5, indicating bearish sentiment or hedging activity. The 36% spread signals divergent expectations across timeframes. Most levels below 53.75 may cap rallies. Strong magnetic level at 38 (3 expirations). 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 12, 2025 | 53 | -0.75 (-1.40%) |
| Sep 19, 2025 | 37.5 | -16.25 (-30.23%) |
| Sep 26, 2025 | 55 | 1.25 (2.33%) |
| Oct 3, 2025 | 52 | -1.75 (-3.26%) |
| Oct 10, 2025 | 54 | 0.25 (0.47%) |
| Oct 17, 2025 | 52.5 | -1.25 (-2.33%) |
| Oct 24, 2025 | 54 | 0.25 (0.47%) |
| Nov 21, 2025 | 50 | -3.75 (-6.98%) |
| Dec 19, 2025 | 50 | -3.75 (-6.98%) |
| Jan 16, 2026 | 45 | -8.75 (-16.28%) |
| Mar 20, 2026 | 37.5 | -16.25 (-30.23%) |
| Jun 18, 2026 | 50 | -3.75 (-6.98%) |
| Sep 18, 2026 | 52.5 | -1.25 (-2.33%) |
| Dec 18, 2026 | 47.5 | -6.25 (-11.63%) |
| Jan 15, 2027 | 37.5 | -16.25 (-30.23%) |