Nomura Tax-Free USA ETF (LTAX) Max Pain Analysis

Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.

Nomura Tax-Free USA ETF (LTAX) operates in the Financial Services sector, specifically the Asset Management - Bonds industry, with a market capitalization near $6.3M, listed on AMEX, carrying a beta of 0.20 to the broader market. LTAX is actively managed and invests in securities exempt from federal income tax, including the federal alternative minimum tax (Federal AMT). Led by Stefan Hoops, public since 2026-01-13.

Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for LTAX as of 2026-06-02; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how max pain is reported and how to read the data →