thetaOwl

FSLR

First Solar, Inc.Close $174.61EOD only
Max Pain
$175.00
Next expiry Oct 9, 2026
Expected Move
±$8.30
4.8% from close
Price Gap
+0.39
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.96
Balanced positioning
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects FSLR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Oct 2, 2026 close
Max Pain — FSLR
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $175.00 (0.39 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$175.00
Nearest expiry
Expected Move
±$8.30
±4.8%
Days to Expiry
7
Calendar days
Total Call OI
5,069
Nearest expiry
Total Put OI
2,304
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$174.61
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$180.009/25/2026, 11:14:39 PM
2026-10-02Updated$177.5010/2/2026, 11:13:23 PM
2026-10-09Next$175.0010/2/2026, 11:13:23 PM
2026-10-16$190.0010/2/2026, 11:13:23 PM
2026-10-23$200.0010/2/2026, 11:13:23 PM
2026-10-30$180.0010/2/2026, 11:13:23 PM
2026-11-06$190.0010/2/2026, 11:13:23 PM
2026-11-20$200.0010/2/2026, 11:13:23 PM
2026-12-18$220.0010/2/2026, 11:13:23 PM
2027-01-15$210.0010/2/2026, 11:13:23 PM
2027-03-19$210.0010/2/2026, 11:13:23 PM
2027-06-17$240.0010/2/2026, 11:13:23 PM
2027-09-17$200.0010/2/2026, 11:13:23 PM
Selected expiration: 2026-10-09 at max pain $175.00.
FSLR pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
12501212225012122250
1305001097075010971250
135150098192509820750
140250086692508671750
145350075342507537750
150450063997506404250
155700052872505294250
1601450042372504251750
1652400033487503372750
1703950025062502545750
172.55725021217502179000
1759350017560001849500
177.552625014125001938750
18096625010827502049000
182.514475008570002304500
18519440006415002585500
187.524657504770002942750
19029920003162503308250
192.536035001772503780750
1954245250382504283500
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.