thetaOwl

FCNCA

First Citizens BancShares, Inc.Close $2082.99EOD only
Max Pain
$2040.00
Next expiry Jul 17, 2026
Expected Move
±$80.15
3.9% from close
Price Gap
-42.99
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.58
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 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
Jul 2, 2026 close
Max Pain — FCNCA
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $2040.00 (42.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$2040.00
Nearest expiry
Expected Move
±$80.15
±3.9%
Days to Expiry
15
Calendar days
Total Call OI
116
Nearest expiry
Total Put OI
51
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$2082.99
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$1930.005/15/2026, 11:14:46 PM
2026-06-18$1980.006/18/2026, 11:16:45 PM
2026-07-17NextUpdated$2040.007/3/2026, 11:11:27 PM
2026-08-21$2000.007/3/2026, 11:11:27 PM
2026-11-20$1960.007/3/2026, 11:11:27 PM
2027-02-19$1340.007/3/2026, 11:11:27 PM
Selected expiration: 2026-07-17 at max pain $2040.00.
FCNCA pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
1760013510001351000
1770013020001302000
18500910000910000
18600871000871000
18701000832000833000
18905000754000759000
19007000716000723000
195022000526000548000
200037000366000403000
204049000238000287000
205093000212000305000
2060140000192000332000
2080234000156000390000
2100352000126000478000
2120494000108000602000
214064400090000734000
216082000072000892000
21801006000540001060000
22001192000360001228000
22201404000180001422000
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.