What is FIGR max pain this week?

FIGR max pain for the nearest expiration (2026-05-22) is $43.50. Total call open interest: 3,620. Total put open interest: 5,703.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options FIGRMax Pain

FIGR

Figure Technology Solutions, InClose $36.40EOD only

Max Pain

$43.50

Next expiry May 22, 2026

Expected Move

±$2.15

5.9% from close

Price Gap

+7.10

Distance to max pain

IV Rank

Low premium

P/C OI

0.44

Slightly call-heavy

Consensus

5.0/10

Consensus signal

Published snapshot: May 20, 2026 close

End-of-day snapshot

This page reflects FIGR 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 — FIGR

Data as of market close May 20, 2026

Open Directional Report

Nearest listed expiration 2026-05-22 shows max pain at $43.50 (7.10 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$43.50

Nearest expiry

Expected Move

±$2.15

±5.9%

Days to Expiry

Calendar days

Total Call OI

3,620

Nearest expiry

Total Put OI

5,703

Nearest expiry

P/C OI Ratio

1.58

Put-heavy

Spot Price

$36.40

Published close

Consensus

5.0/10

Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration

Selected: 2026-05-22

Expiration	Max Pain Strike	Last Updated
2026-05-08	$36.00	5/8/2026, 11:13:31 PM
2026-05-15	$37.50	5/15/2026, 11:13:05 PM
2026-05-22NextUpdated	$43.50	5/20/2026, 11:14:31 PM
2026-05-29	$40.00	5/20/2026, 11:14:31 PM
2026-06-05	$41.00	5/20/2026, 11:14:31 PM
2026-06-12	$36.00	5/20/2026, 11:14:31 PM
2026-06-18	$37.50	5/20/2026, 11:14:31 PM
2026-06-26	$40.00	5/20/2026, 11:14:31 PM
2026-07-17	$35.00	5/20/2026, 11:14:31 PM
2026-08-21	$30.00	5/20/2026, 11:14:31 PM
2026-11-20	$35.00	5/20/2026, 11:14:31 PM
2027-01-15	$30.00	5/20/2026, 11:14:31 PM

Selected expiration: 2026-05-22 at max pain $43.50.

FIGR pain by strike for 2026-05-22 expiration
Strike	Call Pain	Put Pain	Total Pain
18	0	12358950	12358950
19	0	11788850	11788850
20	0	11220550	11220550
21	0	10654950	10654950
22	0	10090750	10090750
23	0	9527550	9527550
24	0	8964950	8964950
24.5	0	8684450	8684450
25	0	8404050	8404050
25.5	200	8125850	8126050
26	400	7847850	7848250
27	800	7294750	7295550
28	1200	6743250	6744450
29	1600	6192850	6194450
29.5	1800	5918550	5920350
30	2000	5645150	5647150
30.5	2250	5384850	5387100
31	2600	5124650	5127250
31.5	3100	4866050	4869150
32	3600	4611650	4615250

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.