thetaOwl

FLNG

FLEX LNG Ltd.Close $32.73EOD only
Max Pain
$30.00
Next expiry Jun 18, 2026
Expected Move
±$2.38
7.3% from close
Price Gap
-2.73
Distance to max pain
IV Rank
1
Low premium
P/C OI
0.89
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects FLNG 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 — FLNG
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $30.00 (2.73 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.38
±7.3%
Days to Expiry
29
Calendar days
Total Call OI
3,179
Nearest expiry
Total Put OI
1,448
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$32.73
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$29.004/17/2026, 11:12:55 PM
2026-05-15$27.005/15/2026, 11:07:44 PM
2026-06-18NextUpdated$30.005/20/2026, 11:15:12 PM
2026-07-17$30.005/20/2026, 11:15:12 PM
2026-08-21$27.005/20/2026, 11:15:12 PM
2026-11-20$28.005/20/2026, 11:15:12 PM
Selected expiration: 2026-06-18 at max pain $30.00.
FLNG pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
230855100855100
240710400710400
250565700565700
26500421500422000
271000278000279000
281500139800141300
2937009020093900
3071004770054800
31383002370062000
321136007800121400
33247500200247700
344856000485600
357663000766300
36107830001078300
37139530001395300
39203070002030700
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.