This page reflects FULC 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 — FULC
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $7.00 (0.65 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$1.45
±22.8%
Days to Expiry
29
Calendar days
Total Call OI
5,211
Nearest expiry
Total Put OI
1,538
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$6.35
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
$7.00
4/17/2026, 11:12:50 PM
2026-05-15
$7.00
5/15/2026, 11:14:58 PM
2026-06-18NextUpdated
$7.00
5/20/2026, 11:12:12 PM
2026-09-18
$8.00
5/20/2026, 11:12:12 PM
2027-01-15
$5.00
5/20/2026, 11:12:12 PM
Selected expiration: 2026-06-18 at max pain $7.00.
FULC pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
947700
947700
5
0
333300
333300
6
300
179700
180000
7
800
73700
74500
8
54400
41500
95900
9
508200
24400
532600
10
975600
9600
985200
11
1484800
6100
1490900
12
2001500
3800
2005300
13
2518200
1500
2519700
14
3034900
200
3035100
15
3552000
0
3552000
16
4069100
0
4069100
17
4588500
0
4588500
18
5108300
0
5108300
20
6150100
0
6150100
21
6671100
0
6671100
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.