Data through close

FLNC max pain, gamma exposure (GEX) & options open interest

As of close · rank #410 by open interest · 1,112 sessions of history since Jan 21, 2022

FLNC's nearest-expiration max pain is 8.00 for 2026-10-16, its GEX flip is 3.55, net GEX is 1,987,772, its put/call open-interest ratio is 0.41. These are whole-chain derived aggregates as of Oct 9, 2026 close.

FLNC max pain and GEX snapshot

End-of-day snapshot for . Nearest-expiration max pain uses the expiry shown on its card; GEX uses the whole chain. Missing values are unavailable, not zero.

Nearest-expiration max pain
8.00
+7.7% from close
Expiry: 2026-10-16
GEX flip
3.55
-52.2% from close
Net GEX
1,987,772
957,409 per 100k OI
Call wall
10.00
+34.6% from close
Put wall
8.00
+7.7% from close
Put/call OI
0.41
60,154 puts / 147,466 calls

Prices are in US dollars per share. Net GEX is modeled dollar-delta change per $1 underlying move. Max pain minimizes aggregate intrinsic payout for that expiration; it is not a closing-price forecast. Signed GEX uses calls positive and puts negative, a model convention rather than observed dealer inventory. The flip is a confirmed zero crossing; walls locate side-specific concentrations, not guaranteed support or resistance.

Learn how to read the max pain payout example, GEX chart, gamma flip and walls, and open interest versus trading volume.

Close
7.43
prev 7.45
Gamma max
8.91
+19.9% from close
Delta neutral
7.24
-2.5% from close
Gamma neutral
3.55
-52.2% from close
Open interest
207,620
+0.7% vs prev
Contracts listed
250
184 calls · 115 puts

Advanced options analysis

Public aggregate analysis from the dated chain, normalized where possible for comparison across tickers. Catalyst intensity measures unusual pricing and activity; it does not identify an event, predict direction, or establish that an investment is attractive.

Catalyst intensity
46.4
cross-sectional score / 100
Directional score
21.9
relatively bullish positioning
IV rank
59.5
within trailing 52-week range
Front IV premium
– pp
front minus back volatility difference
25Δ risk reversal
-5.4 pp
put IV minus call IV
IV butterfly
-6.3 pp
front-window smile convexity
Volume / open interest
0.01
2,049 contracts traded
Normalized net delta
0.070
option-holder convention
Modeled dealer delta
-0.070
opposite-side scenario
Vanna / 100k OI
3,117
volatility-sensitive delta
Charm / 100k OI
-462,425
time-decay-sensitive delta
IV surface range
53.2 pp
aggregate volatility dispersion

Strongest relative signals: OI change 0.10σ

Download the dated aggregate analysis JSON .

FLNC closed 19.9% below its gamma max of 8.91. It is 2.5% above the delta neutral price of 7.24. Total open interest is 207,620, +0.7% versus the previous session. Its options catalyst-intensity score is 46.4 out of 100, led by OI change 0.10σ. What gamma max means · What delta neutral means

Call versus put open interest changes

Growth compares outstanding contracts on each side. A positive growth gap favors calls; a negative gap favors puts. Standardized surprises compare each measure with its own prior history. These describe the OI balance, not IV skew or buying direction.

FLNC call and put open interest changes
Measure Value
Call OI change, 1 session +465 contracts · +0.3%
Put OI change, 1 session +877 contracts · +1.5%
Call minus put OI growth, 1 session -1.2 pp
Call OI change, 5 sessions -2,335 contracts · -1.6%
Put OI change, 5 sessions +832 contracts · +1.4%
Call minus put OI growth, 5 sessions -3.0 pp
Daily call OI change surprise +0.03σ (252 prior changes)
Daily put OI change surprise +0.20σ (252 prior changes)
Daily call-minus-put growth surprise -0.40σ (252 prior changes)

History

2025-10 2026-10
close delta neutral gamma max
Full history since 2020: drag to pan, scroll to zoom, hover for values. Open full-screen chart

Analysis visualizations

Daily ticker aggregates through 2026-10-09. Contract-level charts are outside the public dataset.

Aggregate IV history

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What followed prior gamma-max crosses?

Each historical path starts at 0% on the cross date and follows the close for ten subsequent trading sessions. Cohorts use the same direction as labelled and require gamma max to be within 10% of the close on both crossing sessions.

Crosses below gamma max 30 completed Day +10 paths · latest Jun 23, 2026
FLNC returns after crossing below gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -34.0% -17.0% 0% +17.0% +34.0% Cross on Feb 11, 2022 Cross on Aug 26, 2022 Cross on Dec 14, 2022 Cross on Jan 25, 2023 Cross on Feb 2, 2023 Cross on May 16, 2023 Cross on May 18, 2023 Cross on Jul 20, 2023 Cross on May 10, 2024 Cross on Sep 20, 2024 Cross on Sep 25, 2024 Cross on Oct 1, 2024 Cross on Feb 19, 2025 Cross on Feb 21, 2025 Cross on Jul 7, 2025 Cross on Jul 14, 2025 Cross on Jul 18, 2025 Cross on Sep 23, 2025 Cross on Sep 25, 2025 Cross on Oct 7, 2025 Cross on Oct 10, 2025 Cross on Oct 21, 2025 Cross on Oct 28, 2025 Cross on Nov 4, 2025 Cross on Dec 1, 2025 Cross on Dec 15, 2025 Cross on Jan 14, 2026 Cross on May 12, 2026 Cross on Jun 3, 2026 Cross on Jun 23, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
FLNC historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 30 +3.3% -3.1% to +7.3% 63% -1.0% to +4.8% 0.0%
Day +2 30 +1.1% -2.8% to +7.3% 57% -1.4% to +3.3% 0.0%
Day +3 30 +2.2% -3.9% to +8.1% 60% -2.4% to +5.4% 0.0%
Day +4 30 +1.6% -5.6% to +13.4% 57% -1.9% to +9.0% 0.0%
Day +5 30 +2.9% -6.5% to +9.5% 57% -4.1% to +7.4% 0.0%
Day +6 30 -0.1% -7.7% to +16.8% 50% -2.3% to +3.6% 0.0%
Day +7 30 -1.1% -5.5% to +16.8% 47% -4.6% to +9.1% 0.0%
Day +8 30 +0.3% -5.4% to +16.3% 53% -2.7% to +10.5% 0.0%
Day +9 30 +1.7% -7.2% to +17.2% 60% -4.1% to +9.7% 0.0%
Day +10 30 -0.5% -5.6% to +14.1% 47% -2.9% to +11.0% 0.0%
Crosses above gamma max 29 completed Day +10 paths · latest Jun 4, 2026
FLNC returns after crossing above gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -28.0% -14.0% 0% +14.0% +28.0% Cross on Nov 25, 2022 Cross on Jan 20, 2023 Cross on Feb 1, 2023 Cross on May 15, 2023 Cross on May 17, 2023 Cross on Jul 18, 2023 Cross on Nov 29, 2023 Cross on May 2, 2024 Cross on Sep 11, 2024 Cross on Sep 24, 2024 Cross on Sep 27, 2024 Cross on Nov 25, 2024 Cross on Feb 18, 2025 Cross on Feb 20, 2025 Cross on Jul 3, 2025 Cross on Jul 8, 2025 Cross on Jul 15, 2025 Cross on Sep 24, 2025 Cross on Oct 1, 2025 Cross on Oct 8, 2025 Cross on Oct 13, 2025 Cross on Oct 24, 2025 Cross on Oct 29, 2025 Cross on Nov 28, 2025 Cross on Dec 2, 2025 Cross on Jan 12, 2026 Cross on Jan 15, 2026 Cross on May 8, 2026 Cross on Jun 4, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
FLNC historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 29 -0.9% -4.5% to +2.6% 34% -3.3% to +0.9% 0.0%
Day +2 29 -0.9% -7.5% to +2.7% 41% -5.8% to +2.5% 0.0%
Day +3 29 +2.0% -7.3% to +6.2% 55% -3.0% to +3.9% 0.0%
Day +4 29 -2.6% -8.4% to +4.9% 48% -6.1% to +4.0% 0.0%
Day +5 29 -2.9% -9.4% to +9.5% 45% -7.8% to +5.6% 0.0%
Day +6 29 -2.3% -12.4% to +6.6% 41% -7.6% to +4.1% 0.0%
Day +7 29 -2.7% -10.8% to +7.1% 34% -9.9% to +2.1% 0.0%
Day +8 29 +0.9% -11.9% to +11.2% 52% -10.2% to +7.4% 0.0%
Day +9 29 +0.2% -10.2% to +8.7% 52% -6.6% to +6.3% 0.0%
Day +10 29 -1.0% -7.5% to +6.8% 48% -6.4% to +6.5% 0.0%

Returns are close-to-close after the labelled number of subsequent trading sessions. The confidence floor is the closest-to-zero bound of the order-statistic median interval; it is zero when that interval spans zero. Its coverage is nominally at least 90% under independent observations. Historical paths can overlap, so the interval and floor are descriptive uncertainty guides rather than formal coverage guarantees. Historical, not a forecast.

Last 252 sessions

FLNC trailing historical statistics
Sessions closed above gamma max 18%
Gamma max crosses 23
Delta neutral crosses 10
Prior-year sessions closer to gamma max 54.0% of 252
Prior-year sessions closer to delta neutral 7.1% of 252
Open interest percentile (1y) 71th
Daily open interest change versus prior year +0.10σ (1,342 contracts; 252 prior changes)
Open interest change, 5 sessions -0.7%
Open interest change, 21 sessions +7.2%
History available Jan 21, 2022 → Oct 9, 2026

Recent crosses

  1. closed above delta neutral at 7.43 vs 7.24 (+2.5%)
  2. closed below delta neutral at 7.45 vs 7.46 (-0.1%)
  3. closed above delta neutral at 7.82 vs 7.38 (+5.6%)
  4. closed below delta neutral at 7.50 vs 7.60 (-1.3%)
  5. closed above delta neutral at 7.58 vs 7.34 (+3.2%)
  6. closed below delta neutral at 7.66 vs 9.10 (-18.8%)
  7. closed above delta neutral at 9.93 vs 9.89 (+0.5%)
  8. closed below delta neutral at 9.69 vs 9.77 (-0.8%)
  9. closed above delta neutral at 10.35 vs 10.22 (+1.3%)
  10. closed below delta neutral at 10.20 vs 10.34 (-1.4%)

In today's screens

Neighbours by open interest

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Canonical source: https://halfonadouble.com/stock/FLNC

Questions people ask about FLNC

What is FLNC's max pain for the nearest expiration?

As of Oct 9, 2026 close, nearest-expiration max pain is 8.00 for the 2026-10-16 expiration. It is a payout-minimizing strike for one expiration. An all-expiration pooled value is a different comparison, and neither establishes where the underlying will close. Max pain definition and worked payout example.

Our 2025 max-pain study compares historical Thursday levels with Friday underlying closes and an unchanged-price baseline. Its scope and results are separate from this current ticker snapshot.

What do FLNC's gamma exposure and gamma flip show?

Signed net GEX is 1,987,772 as of Oct 9, 2026 close. The confirmed GEX flip is 3.55. These aggregate model outputs use calls positive and puts negative. Their sign does not identify dealers' actual positions or predict the next move. How to interpret GEX, gamma flip and walls.

Where is FLNC's gamma max today?

As of Oct 9, 2026, the gamma max for FLNC is 8.91, +19.9% from the 7.43 close. Gamma max is the underlying price at which the summed gamma of every open contract is largest; how it is computed and why it matters.

Is FLNC above or below its delta neutral price?

FLNC closed above delta neutral: 7.43 against a delta neutral price of 7.24. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does FLNC have?

207,620 contracts of open interest across 250 listed contracts on Oct 9, 2026, +0.7% versus the previous session. What open interest measures.

Levels are recomputed after every trading day from licensed end-of-day options data; only derived aggregates are published. Methodology · Data and licence · Not investment advice.