This page reflects FLR 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 — FLR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $45.00 (1.57 above 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
±$4.78
±11.0%
Days to Expiry
29
Calendar days
Total Call OI
30,871
Nearest expiry
Total Put OI
11,073
Nearest expiry
P/C OI Ratio
0.36
Put-heavy
Spot Price
$43.43
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
$45.00
4/17/2026, 11:12:08 PM
2026-05-15
$47.50
5/15/2026, 11:13:20 PM
2026-06-18NextUpdated
$45.00
5/20/2026, 11:12:55 PM
2026-07-17
$47.50
5/20/2026, 11:12:55 PM
2026-09-18
$50.00
5/20/2026, 11:12:55 PM
2026-10-16
$47.50
5/20/2026, 11:12:55 PM
2027-01-15
$42.50
5/20/2026, 11:12:55 PM
Selected expiration: 2026-06-18 at max pain $45.00.
FLR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
21099250
21099250
22.5
2500
18338750
18341250
25
5000
15578250
15583250
27.5
8000
12821000
12829000
30
11000
10070000
10081000
32.5
18500
7335250
7353750
35
27250
4972250
4999500
37.5
43750
3350500
3394250
40
66750
2191250
2258000
42.5
179250
1192750
1372000
45
355500
377500
733000
47.5
642750
170500
813250
50
3004250
95250
3099500
52.5
6074750
54750
6129500
55
9481750
30250
9512000
57.5
13166750
20500
13187250
60
17071500
13000
17084500
62.5
21427500
6500
21434000
65
26036750
0
26036750
70
35519750
0
35519750
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.