This page reflects FLNC 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 — FLNC
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $20.00 (1.06 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$4.55
±24.0%
Days to Expiry
29
Calendar days
Total Call OI
20,888
Nearest expiry
Total Put OI
14,753
Nearest expiry
P/C OI Ratio
0.71
Put-heavy
Spot Price
$18.94
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$15.00
4/17/2026, 11:12:07 PM
2026-05-15
$16.00
5/15/2026, 11:14:49 PM
2026-06-18NextUpdated
$20.00
5/20/2026, 11:12:21 PM
2026-07-17
$19.00
5/20/2026, 11:12:21 PM
2026-08-21
$17.00
5/20/2026, 11:12:21 PM
2026-11-20
$10.00
5/20/2026, 11:12:21 PM
2027-01-15
$10.00
5/20/2026, 11:12:21 PM
Selected expiration: 2026-06-18 at max pain $20.00.
FLNC pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
6
0
16804200
16804200
7
100
15329700
15329800
8
400
13859600
13860000
9
1600
12429600
12431200
10
9300
11034700
11044000
11
24900
9740500
9765400
12
44700
8475100
8519800
13
77200
7244400
7321600
14
122500
6038800
6161300
15
199000
5064400
5263400
16
319900
4185500
4505400
17
451800
3365800
3817600
18
599300
2592400
3191700
19
826600
1974800
2801400
20
1095500
1556300
2651800
21
1573400
1196200
2769600
22
2119500
854300
2973800
23
2774300
539000
3313300
25
4385900
188800
4574700
30
10599900
39800
10639700
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.