thetaOwl

FLNG

FLEX LNG Ltd.Close $31.10EOD only
Max Pain
$28.00
Next expiry Aug 21, 2026
Expected Move
±$1.32
4.3% from close
Price Gap
-3.10
Distance to max pain
IV Rank
76
High premium
P/C OI
0.81
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — FLNG
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $28.00 (3.10 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$28.00
Nearest expiry
Expected Move
±$1.32
±4.3%
Days to Expiry
3
Calendar days
Total Call OI
9,422
Nearest expiry
Total Put OI
11,233
Nearest expiry
P/C OI Ratio
1.19
Put-heavy
Spot Price
$31.10
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$31.006/18/2026, 11:15:36 PM
2026-07-17$30.007/17/2026, 11:14:15 PM
2026-08-21NextUpdated$28.008/18/2026, 11:12:59 PM
2026-09-18$29.008/18/2026, 11:12:59 PM
2026-11-20$28.008/18/2026, 11:12:59 PM
2027-02-19$29.008/18/2026, 11:12:59 PM
Selected expiration: 2026-08-21 at max pain $28.00.
FLNG pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
15096298009629800
17073832007383200
18062599006259900
19051368005136800
20040137004013700
21032197003219700
22024257002425700
23018492001849200
2440012761001276500
251000714100715100
261800509800511600
277600367000374600
2833600236200269800
29220900128200349100
3047470058700533400
3180750022800830300
321205500122001217700
33177130059001777200
34251950033002522800
3533210007003321700
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.