Lumentum Inc. (LITE)
Lumentum Max Pain By Strike
LITE trades at $119.34, 40.4% above the near-term max pain of $85 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($75-$115), reflecting growing call interest at higher strikes. Key magnetic zone at 75 where 2 expirations converge. 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 75 to 115, suggesting bullish positioning in longer-dated options. The 45% spread signals divergent expectations across timeframes. Most levels below 119.34 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 | 85 | -34.34 (-28.77%) |
| Oct 17, 2025 | 115 | -4.34 (-3.64%) |
| Dec 19, 2025 | 82.5 | -36.84 (-30.87%) |
| Jan 16, 2026 | 75 | -44.34 (-37.15%) |
| Mar 20, 2026 | 92.5 | -26.84 (-22.49%) |
| Jun 18, 2026 | 100 | -19.34 (-16.21%) |
| Sep 18, 2026 | 82.5 | -36.84 (-30.87%) |
| Jan 15, 2027 | 75 | -44.34 (-37.15%) |