First Interstate BancSystem, InClose $35.18EOD only
Max Pain
$30.00
Next expiry Jun 18, 2026
Expected Move
±$2.65
7.5% from close
Price Gap
-5.18
Distance to max pain
IV Rank
38
Middle-high premium
P/C OI
2.97
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects FIBK 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 — FIBK
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $30.00 (5.18 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.65
±7.5%
Days to Expiry
29
Calendar days
Total Call OI
244
Nearest expiry
Total Put OI
21
Nearest expiry
P/C OI Ratio
0.09
Put-heavy
Spot Price
$35.18
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
$35.00
4/17/2026, 11:15:23 PM
2026-05-15
$35.00
5/15/2026, 11:10:06 PM
2026-06-18NextUpdated
$30.00
5/20/2026, 11:13:00 PM
2026-09-18
$30.00
5/20/2026, 11:13:00 PM
2026-12-18
$30.00
5/20/2026, 11:13:00 PM
Selected expiration: 2026-06-18 at max pain $30.00.
FIBK pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
21750
21750
22.5
2250
16500
18750
25
4500
11500
16000
30
9000
3500
12500
35
13500
0
13500
40
70000
0
70000
45
192000
0
192000
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.