thetaOwl

FLG

Flagstar Bank, N.A.Close $11.70EOD only
Max Pain
$13.00
Next expiry Oct 16, 2026
Expected Move
±$0.57
4.9% from close
Price Gap
+1.30
Distance to max pain
IV Rank
27
Middle-high premium
P/C OI
0.79
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 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
Oct 2, 2026 close
Max Pain — FLG
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $13.00 (1.30 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$13.00
Nearest expiry
Expected Move
±$0.57
±4.9%
Days to Expiry
14
Calendar days
Total Call OI
40,370
Nearest expiry
Total Put OI
6,384
Nearest expiry
P/C OI Ratio
0.16
Put-heavy
Spot Price
$11.70
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$14.008/21/2026, 11:13:19 PM
2026-09-18$13.009/18/2026, 11:12:15 PM
2026-10-16NextUpdated$13.0010/2/2026, 11:13:02 PM
2026-11-20$13.0010/2/2026, 11:13:02 PM
2027-01-15$12.0010/2/2026, 11:13:02 PM
2027-03-19$14.0010/2/2026, 11:13:02 PM
2027-04-16$13.0010/2/2026, 11:13:02 PM
2027-07-16$12.0010/2/2026, 11:13:02 PM
Selected expiration: 2026-10-16 at max pain $13.00.
FLG pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
6040645004064500
7034261003426100
8027899002789900
930021549002155200
1060015339001534500
1114300929500943800
12174500419400593900
13656300103100759400
14122430016001225900
1528905004002890900
1658847002005884900
17945310009453100
1813462800013462800
1917495000017495000
2021531900021531900
2125568800025568800
2229605700029605700
2541716400041716400
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.