thetaOwl

FSLR

First Solar, Inc.Close $222.40EOD only
Max Pain
$235.00
Next expiry Aug 21, 2026
Expected Move
±$6.83
3.1% from close
Price Gap
+12.60
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.84
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 19, 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
Aug 19, 2026 close
Max Pain — FSLR
Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $235.00 (12.60 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$235.00
Nearest expiry
Expected Move
±$6.83
±3.1%
Days to Expiry
2
Calendar days
Total Call OI
45,587
Nearest expiry
Total Put OI
27,476
Nearest expiry
P/C OI Ratio
0.60
Put-heavy
Spot Price
$222.40
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
2026-08-07$230.008/7/2026, 11:17:02 PM
2026-08-14$232.508/14/2026, 11:14:34 PM
2026-08-21NextUpdated$235.008/19/2026, 11:14:23 PM
2026-08-28$230.008/19/2026, 11:14:23 PM
2026-09-04$235.008/19/2026, 11:14:23 PM
2026-09-11$235.008/19/2026, 11:14:23 PM
2026-09-18$230.008/19/2026, 11:14:23 PM
2026-09-25$250.008/19/2026, 11:14:23 PM
2026-10-02$220.008/19/2026, 11:14:23 PM
2026-10-16$230.008/19/2026, 11:14:23 PM
2026-11-20$220.008/19/2026, 11:14:23 PM
2026-12-18$240.008/19/2026, 11:14:23 PM
2027-01-15$220.008/19/2026, 11:14:23 PM
2027-03-19$250.008/19/2026, 11:14:23 PM
2027-06-17$260.008/19/2026, 11:14:23 PM
Selected expiration: 2026-08-21 at max pain $235.00.
FSLR pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
1300216315500216315500
1351000202579500202580500
14015500188844000188859500
14532500175524000175556500
15051500162222000162273500
15573500149022500149096000
160102500135904500136007000
165139000123006500123145500
170180500111056500111237000
1752375009919050099428000
1803050008744500087750000
182.53400008166125082001250
1853750007588525076260250
187.54152507019475070610000
1904557506451225064968000
192.55000005955375060053750
1955442505469750055241750
197.55890004996925050558250
2006345004527825045912750
202.58172504089100041708250
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.