This page reflects FSLR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — FSLR
Data as of market close May 21, 2026
Nearest listed expiration 2026-05-22 shows max pain at $230.00 (18.88 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$230.00
Nearest expiry
Expected Move
±$8.16
±3.3%
Days to Expiry
1
Calendar days
Total Call OI
4,897
Nearest expiry
Total Put OI
12,139
Nearest expiry
P/C OI Ratio
2.48
Put-heavy
Spot Price
$248.88
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$207.50
5/8/2026, 11:14:22 PM
2026-05-15
$220.00
5/15/2026, 11:15:26 PM
2026-05-22NextUpdated
$230.00
5/21/2026, 11:13:06 PM
2026-05-29
$220.00
5/21/2026, 11:13:06 PM
2026-06-05
$215.00
5/21/2026, 11:13:06 PM
2026-06-12
$225.00
5/21/2026, 11:13:06 PM
2026-06-18
$210.00
5/21/2026, 11:13:06 PM
2026-06-26
$215.00
5/21/2026, 11:13:06 PM
2026-07-17
$220.00
5/21/2026, 11:13:06 PM
2026-08-21
$220.00
5/21/2026, 11:13:06 PM
2026-09-18
$230.00
5/21/2026, 11:13:06 PM
2026-12-18
$250.00
5/21/2026, 11:13:06 PM
2027-01-15
$220.00
5/21/2026, 11:13:06 PM
2027-03-19
$110.00
5/21/2026, 11:13:06 PM
Selected expiration: 2026-05-22 at max pain $230.00.
FSLR pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
119273750
119273750
125
0
113205250
113205250
130
500
107138250
107138750
135
1500
101079750
101081250
140
2500
95147750
95150250
150
7500
83354750
83362250
155
10000
77474250
77484250
160
13000
71600250
71613250
165
16500
65736250
65752750
170
21000
59902750
59923750
175
36500
54111750
54148250
180
52500
48361250
48413750
185
108500
42616250
42724750
187.5
142750
39748500
39891250
190
177250
36884750
37062000
192.5
214750
34081500
34296250
195
252500
31324500
31577000
197.5
297000
28594750
28891750
200
344250
25866750
26211000
202.5
402750
23162750
23565500
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.