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 Live Nation Entertainment options about one week from expiration was $174.29. The chart above shows the exact max pain for each expiration date.

Live Nation Entertainment closed above its near-term max pain on 15 of the last 20 trading days. On Nov 4, 2026 it closed at $183.20, 5.1% above max pain of $174.29.

Over the last 20 trading days, near-term max pain for Live Nation Entertainment ranged from $170.00 to $175.00. It went from $174.64 on Oct 8, 2026 to $174.29 on Nov 4, 2026. See the LYV max pain history for a longer view.

Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform.