thetaOwl

FCNCA

First Citizens BancShares, Inc.Close $2073.46EOD only
Max Pain
$2100.00
Next expiry Oct 16, 2026
Expected Move
±$74.20
3.6% from close
Price Gap
+26.54
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.92
Balanced positioning
Consensus
—
No reports available
Published snapshot: Oct 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
Oct 2, 2026 close
Max Pain — FCNCA
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $2100.00 (26.54 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$2100.00
Nearest expiry
Expected Move
±$74.20
±3.6%
Days to Expiry
14
Calendar days
Total Call OI
199
Nearest expiry
Total Put OI
126
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$2073.46
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$2100.008/21/2026, 11:14:57 PM
2026-09-18$2070.009/18/2026, 11:12:50 PM
2026-10-16NextUpdated$2100.0010/2/2026, 11:12:45 PM
2026-11-20$2080.0010/2/2026, 11:12:45 PM
2027-02-19$2120.0010/2/2026, 11:12:45 PM
2027-05-21$1980.0010/2/2026, 11:12:45 PM
2027-08-20$2010.0010/2/2026, 11:12:45 PM
Selected expiration: 2026-10-16 at max pain $2100.00.
FCNCA pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
1840027860002786000
1900600020660002072000
19601200013580001370000
19807200011300001202000
20001340009140001048000
2020196000704000900000
2040258000560000818000
2060320000434000754000
2080382000310000692000
2100446000192000638000
2110512000152000664000
2120580000121000701000
213064800092000740000
214071600065000781000
215078500039000824000
216085500013000868000
21709270009000936000
2180105200060001058000
2190118300030001186000
2200131400001314000
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.