thetaOwl

SHLS

Shoals Technologies Group, Inc.Close $9.95EOD only
Max Pain
$8.00
Next expiry Jul 17, 2026
Expected Move
±$1.52
15.3% from close
Price Gap
-1.95
Distance to max pain
IV Rank
36
Middle-high premium
P/C OI
0.20
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Published Snapshot
Jul 2, 2026 close
Max Pain — SHLS
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $8.00 (1.95 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$8.00
Nearest expiry
Expected Move
±$1.52
±15.3%
Days to Expiry
15
Calendar days
Total Call OI
60,910
Nearest expiry
Total Put OI
7,151
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$9.95
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$7.005/15/2026, 11:39:27 PM
2026-06-18$9.006/18/2026, 11:29:59 PM
2026-07-17NextUpdated$8.007/3/2026, 11:26:42 PM
2026-08-21$9.007/3/2026, 11:26:42 PM
2026-10-16$9.007/3/2026, 11:26:42 PM
2026-11-20$10.007/3/2026, 11:26:42 PM
2027-01-15$5.007/3/2026, 11:26:42 PM
2027-02-19$15.007/3/2026, 11:26:42 PM
2027-03-19$10.007/3/2026, 11:26:42 PM
2027-04-16$5.007/3/2026, 11:26:42 PM
2027-05-21$10.007/3/2026, 11:26:42 PM
2027-06-17$5.007/3/2026, 11:26:42 PM
Selected expiration: 2026-07-17 at max pain $8.00.
SHLS pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
1069166006916600
250062015006202000
3120054865005487700
4220047715004773700
5320040784004081600
6700033860003393000
71260027189002731500
823580020625002298300
9136190014303002792200
1025912008345003425700
1146859004629005148800
1269831001127007095800
1310121100360010124700
1413408100170013409800
1516782800140016784200
1622155500120022156700
1727770100100027771100
183339490080033395700
193904600060039046600
204470310040044703500
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.