This page reflects FLR 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 — FLR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $47.50 (5.92 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$47.50
Nearest expiry
Expected Move
±$2.80
±5.2%
Days to Expiry
3
Calendar days
Total Call OI
15,375
Nearest expiry
Total Put OI
11,564
Nearest expiry
P/C OI Ratio
0.75
Put-heavy
Spot Price
$53.42
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$45.00
6/18/2026, 11:17:21 PM
2026-07-17
$47.50
7/17/2026, 11:14:41 PM
2026-08-21NextUpdated
$47.50
8/18/2026, 11:13:33 PM
2026-09-18
$52.50
8/18/2026, 11:13:33 PM
2026-10-16
$50.00
8/18/2026, 11:13:33 PM
2026-12-18
$50.00
8/18/2026, 11:13:33 PM
2027-01-15
$45.00
8/18/2026, 11:13:33 PM
Selected expiration: 2026-08-21 at max pain $47.50.
FLR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
27.5
0
21194000
21194000
30
0
18303250
18303250
32.5
0
15420000
15420000
35
15250
12552500
12567750
37.5
35500
9685500
9721000
40
56250
7106250
7162500
42.5
78750
4737750
4816500
45
101250
2479500
2580750
47.5
142500
612500
755000
50
533250
239000
772250
52.5
1002750
96250
1099000
55
2163250
39000
2202250
57.5
4381750
20500
4402250
60
7297500
2500
7300000
62.5
10912000
0
10912000
65
14578000
0
14578000
70
22150500
0
22150500
75
29786500
0
29786500
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.