This page reflects FLNC 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 — FLNC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $15.00 (3.25 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$0.90
±7.7%
Days to Expiry
3
Calendar days
Total Call OI
94,567
Nearest expiry
Total Put OI
22,592
Nearest expiry
P/C OI Ratio
0.24
Put-heavy
Spot Price
$11.75
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
$23.00
6/18/2026, 11:14:02 PM
2026-07-17
$16.00
7/17/2026, 11:16:10 PM
2026-08-21NextUpdated
$15.00
8/18/2026, 11:13:43 PM
2026-09-18
$14.00
8/18/2026, 11:13:43 PM
2026-11-20
$17.00
8/18/2026, 11:13:43 PM
2027-01-15
$13.00
8/18/2026, 11:13:43 PM
2027-02-19
$21.00
8/18/2026, 11:13:43 PM
Selected expiration: 2026-08-21 at max pain $15.00.
FLNC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
29306300
29306300
2
18600
27049700
27068300
3
37700
24793300
24831000
4
57200
22537800
22595000
5
76800
20285200
20362000
6
96700
18040300
18137000
7
116600
15798800
15915400
8
143600
13591700
13735300
9
172000
11398600
11570600
10
203400
9363800
9567200
11
246600
7475300
7721900
12
291600
5740300
6031900
13
367300
4344700
4712000
14
606000
3336800
3942800
15
1014000
2528500
3542500
16
1668200
1934500
3602700
17
4169100
1524200
5693300
18
7051800
1195200
8247000
19
10212900
926600
11139500
20
13504400
683500
14187900
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.