This page reflects FLR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — FLR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $45.00 (4.45 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$4.00
±8.1%
Days to Expiry
15
Calendar days
Total Call OI
19,690
Nearest expiry
Total Put OI
9,429
Nearest expiry
P/C OI Ratio
0.48
Put-heavy
Spot Price
$49.45
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$47.50
5/15/2026, 11:13:20 PM
2026-06-18
$45.00
6/18/2026, 11:17:21 PM
2026-07-17NextUpdated
$45.00
7/3/2026, 11:11:13 PM
2026-08-21
$50.00
7/3/2026, 11:11:13 PM
2026-09-18
$50.00
7/3/2026, 11:11:13 PM
2026-10-16
$50.00
7/3/2026, 11:11:13 PM
2026-12-18
$55.00
7/3/2026, 11:11:13 PM
2027-01-15
$45.00
7/3/2026, 11:11:13 PM
Selected expiration: 2026-07-17 at max pain $45.00.
FLR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
19299250
19299250
25
2250
16942500
16944750
27.5
4750
14586000
14590750
30
8000
12231000
12239000
32.5
12000
9877000
9889000
35
16250
7529750
7546000
37.5
22750
5196000
5218750
40
31250
3019000
3050250
42.5
100750
1996500
2097250
45
781250
1055000
1836250
47.5
1502000
561000
2063000
50
2334750
130500
2465250
52.5
4082750
45750
4128500
55
6498500
15250
6513750
57.5
10064500
0
10064500
60
14391500
0
14391500
65
23749500
0
23749500
70
33405500
0
33405500
75
43243000
0
43243000
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.