First Citizens BancShares, Inc.Close $1972.77EOD only
Max Pain
$1970.00
Next expiry Jun 18, 2026
Expected Move
±$128.80
6.5% from close
Price Gap
-2.77
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.99
Balanced positioning
Consensus
—
No reports available
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — FCNCA
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $1970.00 (2.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1970.00
Nearest expiry
Expected Move
±$128.80
±6.5%
Days to Expiry
29
Calendar days
Total Call OI
83
Nearest expiry
Total Put OI
74
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$1972.77
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
$1940.00
4/17/2026, 11:12:27 PM
2026-05-15
$1930.00
5/15/2026, 11:14:46 PM
2026-06-18NextUpdated
$1970.00
5/20/2026, 11:13:35 PM
2026-08-21
$2000.00
5/20/2026, 11:13:35 PM
2026-11-20
$1870.00
5/20/2026, 11:13:35 PM
Selected expiration: 2026-06-18 at max pain $1970.00.
FCNCA pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1620
0
1943000
1943000
1660
0
1655000
1655000
1680
0
1515000
1515000
1700
0
1383000
1383000
1800
0
743000
743000
1840
4000
487000
491000
1870
7000
304000
311000
1890
9000
240000
249000
1900
10000
209000
219000
1910
20000
187000
207000
1930
46000
147000
193000
1940
60000
127000
187000
1950
75000
108000
183000
1970
105000
72000
177000
1980
121000
56000
177000
1990
140000
42000
182000
2000
159000
31000
190000
2010
179000
24000
203000
2030
303000
10000
313000
2040
365000
4000
369000
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.