thetaOwl

FLG

Flagstar Bank, N.A.Close $14.59EOD only
Max Pain
$14.00
Next expiry Jul 17, 2026
Expected Move
±$0.75
5.1% from close
Price Gap
-0.59
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.66
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Published Snapshot
Jul 2, 2026 close
Max Pain — FLG
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $14.00 (0.59 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$0.75
±5.1%
Days to Expiry
15
Calendar days
Total Call OI
63,305
Nearest expiry
Total Put OI
26,608
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$14.59
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$13.005/15/2026, 11:15:10 PM
2026-06-18$13.006/18/2026, 11:13:33 PM
2026-07-17NextUpdated$14.007/3/2026, 11:11:42 PM
2026-08-21$13.007/3/2026, 11:11:42 PM
2026-10-16$13.007/3/2026, 11:11:42 PM
2027-01-15$12.007/3/2026, 11:11:42 PM
Selected expiration: 2026-07-17 at max pain $14.00.
FLG pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
302448740024487400
402183860021838600
51001918980019189900
64001654100016541400
78001389420013895000
813001124740011248700
9180086008008602600
10260059549005957500
111510040649004080000
126850023216002390100
13201300704800906100
1443960065200504800
15162160011001622700
16665210006652100
1712886200012886200
1819183700019183700
1925498400025498400
2031813300031813300
2563390300063390300
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.