thetaOwl

SHLS

Shoals Technologies Group, Inc.Close $8.30EOD only
Max Pain
$8.00
Next expiry Oct 16, 2026
Expected Move
±$1.02
12.3% from close
Price Gap
-0.30
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.40
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 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
Oct 2, 2026 close
Max Pain — SHLS
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $8.00 (0.30 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
±$1.02
±12.3%
Days to Expiry
14
Calendar days
Total Call OI
13,532
Nearest expiry
Total Put OI
1,455
Nearest expiry
P/C OI Ratio
0.11
Put-heavy
Spot Price
$8.30
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$8.008/21/2026, 11:31:43 PM
2026-09-18$7.009/18/2026, 11:27:02 PM
2026-10-16NextUpdated$8.0010/2/2026, 11:30:25 PM
2026-11-20$9.0010/2/2026, 11:30:25 PM
2027-01-15$6.0010/2/2026, 11:30:25 PM
2027-02-19$9.0010/2/2026, 11:30:25 PM
2027-03-19$7.0010/2/2026, 11:30:25 PM
2027-04-16$7.0010/2/2026, 11:30:25 PM
2027-05-21$3.0010/2/2026, 11:30:25 PM
2027-06-17$5.0010/2/2026, 11:30:25 PM
Selected expiration: 2026-10-16 at max pain $8.00.
SHLS pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
1010285001028500
21000883000884000
32000737500739500
43000592300595300
54200450600454800
65600334300339900
714500226900241400
848800145700194500
912930081500210800
1035810039600397700
111488000204001508400
12270190081002710000
13397290022003975100
14530380005303800
15664100006641000
16797820007978200
17931540009315400
1810652600010652600
1911995700011995700
2013338900013338900
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.