thetaOwl

FHN

First Horizon CorporationClose $24.87EOD only
Max Pain
$24.00
Next expiry Aug 21, 2026
Expected Move
±$0.47
1.9% from close
Price Gap
-0.87
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.07
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 19, 2026 close
End-of-day snapshot

This page reflects FHN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 19, 2026 close
Max Pain — FHN
Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $24.00 (0.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$24.00
Nearest expiry
Expected Move
±$0.47
±1.9%
Days to Expiry
2
Calendar days
Total Call OI
25,859
Nearest expiry
Total Put OI
5,130
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$24.87
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$24.006/18/2026, 11:13:53 PM
2026-07-17$25.007/17/2026, 11:14:31 PM
2026-08-21NextUpdated$24.008/19/2026, 11:13:27 PM
2026-09-18$25.008/19/2026, 11:13:27 PM
2026-11-20$24.008/19/2026, 11:13:27 PM
2027-01-15$22.008/19/2026, 11:13:27 PM
2027-02-19$23.008/19/2026, 11:13:27 PM
Selected expiration: 2026-08-21 at max pain $24.00.
FHN pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
15029853002985300
1610024736002473700
1770019631001963800
18150014527001454200
19250012001001202600
204000947500951500
217400710100717500
2210800483200494000
2319200287700306900
2438700123400162100
2524030042300282600
26617000500617500
2713318002001332000
2822323001002232400
29466770004667700
30721580007215800
31979420009794200
3212374600012374600
3314955000014955000
3520115800020115800
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.