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LGND
Ligand Pharmaceuticals Inc.
stock NASDAQ

At Close

Feb 23, 2026 3:59:57 PM EST

183.63USD-0.190%(-0.35)159,646

181.99Bid 183.69Ask 1.70Spread

Pre-market

0.00USD-100.000%(-183.98)0

After-hours

Feb 20, 2026 4:00:30 PM EST

183.98USD-0.062%(-0.12)0

OverviewMax PainHistoricalExchangesShortsMore

LGND Max Pain Summary

The max pain for LGND on February 20th, 2026 is $140.00.

LGND Option Chain Summary

	Calls		Puts		Max	P/C	Price vs.
Exp.	ITM	OTM	ITM	OTM	Pain¹	Ratio²	Max Pain
Feb 20, 2026	272	259	29	133	140.00	0.31	+31.16%
Mar 20, 2026	0	66	8	20	185.00	0.42	-0.74%
Apr 17, 2026	0	3	0	0	130.00	0.00	+41.25%
May 15, 2026	22	91	102	28	190.00	1.15	-3.35%
Aug 21, 2026	42	113	24	18	180.00	0.27	+2.02%
Totals	336 868 H	532	163 362 H	199		0.42

¹ Maximum pain is the strike price with the most open puts and calls and the price at which the stock would cause financial losses for the largest number of option holders at expiration. Investopedia

² In general, greater than 0.7 suggests bearish sentiment is building in the market; below 0.7 is considered a bullish indicator. Investopedia