Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for lululemon athletica options about one week from expiration was $103.00. The chart above shows the exact max pain for each expiration date.

lululemon athletica closed above its near-term max pain on 14 of the last 20 trading days. On Nov 4, 2026 it closed at $112.10, 8.8% above max pain of $103.00.

Over the last 20 trading days, near-term max pain for lululemon athletica ranged from $95.00 to $103.00. It went from $98.29 on Oct 8, 2026 to $103.00 on Nov 4, 2026. See the LULU max pain history for a longer view.

Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls.