This page reflects FLG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — FLG
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $14.00 (0.18 above 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
±$0.25
±1.8%
Days to Expiry
3
Calendar days
Total Call OI
40,427
Nearest expiry
Total Put OI
7,777
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$13.82
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$13.00
6/18/2026, 11:13:33 PM
2026-07-17
$14.00
7/17/2026, 11:16:16 PM
2026-08-21NextUpdated
$14.00
8/18/2026, 11:12:39 PM
2026-09-18
$14.00
8/18/2026, 11:12:39 PM
2026-10-16
$13.00
8/18/2026, 11:12:39 PM
2026-11-20
$13.00
8/18/2026, 11:12:39 PM
2027-01-15
$12.00
8/18/2026, 11:12:39 PM
2027-03-19
$14.00
8/18/2026, 11:12:39 PM
2027-07-16
$12.00
8/18/2026, 11:12:39 PM
Selected expiration: 2026-08-21 at max pain $14.00.
FLG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
7
0
5417700
5417700
8
100
4640100
4640200
9
300
3862500
3862800
11
900
2308100
2309000
12
1200
1535200
1536400
13
1700
763700
765400
14
18700
61800
80500
15
111300
2000
113300
16
1300000
900
1300900
17
5303500
500
5304000
18
9337800
200
9338000
19
13380400
0
13380400
20
17423000
0
17423000
21
21465700
0
21465700
22
25508400
0
25508400
23
29551100
0
29551100
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.