This page reflects FCN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — FCN
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $155.00 (0.54 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$155.00
Nearest expiry
Expected Move
±$12.90
±8.3%
Days to Expiry
29
Calendar days
Total Call OI
674
Nearest expiry
Total Put OI
214
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$154.46
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$180.00
4/17/2026, 11:12:23 PM
2026-05-15
$170.00
5/15/2026, 11:15:47 PM
2026-06-18NextUpdated
$155.00
5/20/2026, 11:13:42 PM
2026-09-18
$170.00
5/20/2026, 11:13:42 PM
2026-11-20
$165.00
5/20/2026, 11:13:42 PM
2026-12-18
$145.00
5/20/2026, 11:13:42 PM
Selected expiration: 2026-06-18 at max pain $155.00.
FCN pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
902000
902000
105
500
795500
796000
110
1000
689000
690000
115
1500
582500
584000
120
2500
481500
484000
125
3500
389000
392500
130
4500
303000
307500
135
8000
217000
225000
140
11500
135000
146500
145
16500
57500
74000
150
24000
35500
59500
155
32500
17000
49500
160
46000
4500
50500
165
63500
0
63500
170
82500
0
82500
175
138500
0
138500
180
198500
0
198500
185
276500
0
276500
190
593500
0
593500
195
911000
0
911000
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.