First Citizens BancShares, Inc.Close $2207.67EOD only
Max Pain
$2120.00
Next expiry Aug 21, 2026
Expected Move
±$21.60
1.0% from close
Price Gap
-87.67
Distance to max pain
IV Rank
31
Middle-high premium
P/C OI
0.91
Balanced positioning
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects FCNCA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — FCNCA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $2120.00 (87.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$2120.00
Nearest expiry
Expected Move
±$21.60
±1.0%
Days to Expiry
3
Calendar days
Total Call OI
414
Nearest expiry
Total Put OI
557
Nearest expiry
P/C OI Ratio
1.35
Put-heavy
Spot Price
$2207.67
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$1980.00
6/18/2026, 11:16:45 PM
2026-07-17
$2040.00
7/17/2026, 11:14:50 PM
2026-08-21NextUpdated
$2120.00
8/18/2026, 11:12:47 PM
2026-09-18
$2200.00
8/18/2026, 11:12:47 PM
2026-11-20
$2160.00
8/18/2026, 11:12:47 PM
2027-02-19
$2100.00
8/18/2026, 11:12:47 PM
Selected expiration: 2026-08-21 at max pain $2120.00.
FCNCA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1080
0
47726000
47726000
1140
6000
44462000
44468000
1220
14000
40110000
40124000
1260
18000
37942000
37960000
1280
20000
36860000
36880000
1300
22000
35778000
35800000
1320
24000
34700000
34724000
1340
26000
33622000
33648000
1360
30000
32546000
32576000
1380
34000
31470000
31504000
1400
38000
30394000
30432000
1420
42000
29320000
29362000
1460
50000
27176000
27226000
1480
58000
26104000
26162000
1500
68000
25032000
25100000
1520
78000
23976000
24054000
1540
88000
22920000
23008000
1560
100000
21914000
22014000
1580
114000
20908000
21022000
1600
128000
19904000
20032000
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.