FSLR max pain

From the closing options book · October 20, 2026 · updated after every close

FSLR's max pain for the October 23, 2026 expiration was 180 at the October 20, 2026 close, +3.2% from FSLR's 174.43 close. Max pain is the price at which option holders' total intrinsic value at expiry would be smallest.

180
Max pain
Oct 23 expiry
174.43
Close
+3.2% to max pain
0.67
Put/call OI
0.49
Put/call volume

FSLR close vs max pain, last 20 sessions

SessionCloseMax painGap
Oct 20174.43180+3.2%
Oct 19171.80182.5+6.2%
Oct 16172.64185+7.2%
Oct 15178.81185+3.5%
Oct 14179.08185+3.3%
Oct 13186.60185−0.9%
Oct 12179.72185+2.9%
Oct 9177.82185+4.0%
Oct 8178.85175−2.2%
Oct 7180.13175−2.8%
Oct 6179.80175−2.7%
Oct 5176.16175−0.7%
Oct 2174.61175+0.2%
Oct 1172.11180+4.6%
Sep 30175.16180+2.8%
Sep 29176.93180+1.7%
Sep 28172.97185+7.0%
Sep 25177.71187.5+5.5%
Sep 24172.16200+16.2%
Sep 23191.97200+4.2%

The session before, max pain sat at 182.5.

Open interest within 45 days stood at 35,742 calls and 23,889 puts, a put/call ratio of 0.67. On the day, 5,538 calls and 2,735 puts traded.

Max pain is a property of the open-interest book, not a forecast: price has no obligation to finish there, and on most days it does not. It is most useful as a reference for where the expiring book is balanced.

These are the October 20, 2026 closing numbers. Members see FSLR's map move live all session.

Common questions

What is FSLR's max pain?

180 for the October 23, 2026 expiration, from open interest at the October 20, 2026 close.

What is FSLR's put/call ratio?

By open interest 0.67; by volume 0.49 on October 20, 2026.

Does FSLR close at max pain?

Not reliably. Max pain describes where the expiring options book is balanced; it is a reference level, not a prediction.

Compare: max pain on other tickers

Measured from the closing options book and rebuilt after every close. Nothing on this page is live. Levels are where dealer hedging is concentrated, not targets or forecasts. Not investment advice.