Best Options Strategy for FLS
Looking for the best options strategy for Flowserve Corporation (FLS)? There is no single answer — the right play depends on your outlook, your risk tolerance and current implied volatility. Below, our free engine shows the highest-scoring defined-risk strategy on the live FLS option chain right now, and a simple map from your view on FLS to the strategy that fits it. Model any of them in the calculator before you trade.
About FLS
Flowserve Corporation (FLS) is a major company in Specialty Industrial Machinery. Options traders on FLS tend to watch , since these can drive large moves in the share price.
About Flowserve Corporation
Flowserve Corporation manufactures and services equipment that controls the movement of liquids, gases, and multi-phase fluids across industrial operations worldwide. The company operates through two main divisions: Flowserve Pumps Division, which builds custom-engineered and pre-configured pumps along with mechanical seals for pipelines and energy production, and Flow Control Division, which makes isolation valves, control valves, and actuators that regulate fluid flow in complex systems. Beyond equipment manufacturing, Flowserve provides extensive aftermarket support including installation, diagnostics, repairs, retrofits, and asset management services to keep customer systems running efficiently.
The company generates revenue by selling to oil and gas, power generation, chemical, water management, and industrial sectors spanning pharmaceuticals, mining, food and beverage, steel, and pulp and paper. It reaches customers through direct sales teams, independent distributors, and sales representatives across North America, Europe, the Middle East, Africa, and Asia Pacific. The business operates under several established brand names—Valtek, Argus, Worcester, Limitorque, and…
Today's top-scoring strategy for FLS
Our engine ranks defined-risk strategies on the live FLS chain by probability of profit and risk/reward, then surfaces the best-scoring one. It is an educational illustration, not advice.
| Action | Qty | Type | Strike | Premium |
|---|---|---|---|---|
| Buy | 1× | CALL | $95 | $6.83 |
| Sell | 2× | CALL | $100 | $3.82 |
| Buy | 1× | CALL | $105 | $1.87 |
Simulation
Forward simulation of 6,000 lognormal price paths to expiration — not a historical backtest.
Strategy analysis
Greeks vs price
Price × volatility (today)
| −30% | −15% | IV | +15% | +30% | |
|---|---|---|---|---|---|
| $125 | −$105 | −$103 | −$99 | −$94 | −$89 |
| $120 | −$102 | −$96 | −$88 | −$82 | −$77 |
| $115 | −$88 | −$77 | −$69 | −$64 | −$61 |
| $110 | −$50 | −$42 | −$40 | −$41 | −$43 |
| $105 | $10 | −$1 | −$11 | −$20 | −$28 |
| $100 | $42 | $18 | $0 | −$13 | −$23 |
| $95 | $3 | −$7 | −$16 | −$25 | −$32 |
| $90 | −$64 | −$55 | −$52 | −$51 | −$52 |
| $85 | −$98 | −$91 | −$84 | −$78 | −$75 |
| $80 | −$105 | −$103 | −$100 | −$96 | −$92 |
| $75 | −$106 | −$106 | −$105 | −$104 | −$101 |
Illustrative example at FLS's latest available price, computed with the same engine as the tool. Live option fills and the real IV skew refresh during US market hours.
Implied volatility
FLS typically trades with moderate implied volatility, broadly in line with other large-cap stocks. Implied volatility drives option prices, so it is worth checking the live chain before you trade.
FLS insider trading activity (SEC Form 4)
Open-market insider transactions at FLS over roughly the last six months, from SEC Form 4 filings. Open-market buys are the rarer, more telling signal — routine selling under pre-arranged plans is common, so read a net-selling figure with that in mind.
| Insider | Action | Shares | Value | Date |
|---|---|---|---|---|
| McMurray Michael C. | Buy | 2,500 | $164K | 2026-05-18 |
| Savoy Brian D | Buy | 1,000 | $67K | 2026-05-14 |
Source: SEC Form 4 filings via Finnhub. Open-market purchases (P) and sales (S) only — grants, option exercises, gifts and tax withholding are excluded. Informational context, not investment advice.
Earnings & IV crush
FLS's next earnings report is due around October 27, 2026. Options that expire after it price in a binary move, so their implied volatility is elevated and usually collapses right after the announcement — an "IV crush". If your expiration falls before this date, the trade sidesteps the event.
Dividend and assignment risk
FLS pays a dividend of about 1.2% a year, so short or covered calls on it carry early-assignment risk around each ex-dividend date — in-the-money calls are most exposed just before the stock goes ex-dividend.
Key figures
- Market cap
- $9.5B
- Beta (vs market)
- 1.26
- 52-week range
- $48.71–$92.41
- Short interest
- 6.3% of float · 5.2 days to cover
How to choose an options strategy for FLS
Start with your outlook on FLS, then match it to a defined-risk structure. Here are the most common choices and when each makes sense:
Bullish
Buy a call for leverage with capped risk, or a bull call spread to lower the cost and breakeven when you have a target price.
Long Call → Bull Call Spread →Bearish
Buy a put to profit from a decline with defined risk, or a bear put spread to cheapen the trade when you expect a measured move down.
Long Put → Bear Put Spread →Neutral
Sell an iron condor to collect premium while FLS stays between two strikes, or write a covered call against shares you already own.
Iron Condor → Covered Call →⧉ Embed this free calculator on your site →
How we pick the best strategy
For each ticker we pull the live option chain, build every supported strategy around the at-the-money strikes, and score them on probability of profit, risk/reward and capital efficiency — favouring defined-risk structures where the maximum loss is known up front. Methodology →
Open FLS in the free calculator →
Frequently asked questions
What is the best options strategy for FLS?
It depends on your outlook. Bullish traders often use a long call or bull call spread on FLS; bearish traders a long put or bear put spread; neutral traders an iron condor or covered call. Our live scan above shows the current highest-scoring defined-risk play.
Are FLS options liquid enough to trade?
Flowserve Corporation (FLS) is among the most actively-traded US options, which usually means tight bid/ask spreads and plenty of strikes and expirations — though you should always check the open interest and spread on the exact contract.
How much money do I need to trade FLS options?
Buying a single FLS call or put can cost as little as the premium (often one to a few hundred dollars), while income strategies like a cash-secured put need enough capital to buy 100 shares if assigned.
Is this financial advice?
No. Everything here is educational and uses delayed, third-party data. It is not a recommendation to trade FLS or any security. Do your own research.
What does Flowserve Corporation do?
Flowserve Corporation (FLS) operates in the Specialty Industrial Machinery industry. The "About Flowserve Corporation" section above gives a fuller picture of what the company does and how it earns money.
Does Flowserve Corporation pay a dividend?
Yes — Flowserve Corporation currently pays a dividend yielding about 1.2%. If you hold the shares (for example to write a covered call), the ex-dividend date can trigger early assignment, so check it beforehand.
When does Flowserve Corporation next report earnings?
Flowserve Corporation's next earnings are expected around October 27, 2026. Implied volatility usually climbs into the report and drops sharply afterwards (IV crush) — important for any options position held over the date.
Tickers related to FLS
Comparing FLS with similar names can help you choose the best options strategy:
Company information
- Headquarters
- 5215 North O'Connor Boulevard, Suite 700, Irving, TX, 75039, United States
- Industry
- Specialty Industrial Machinery
- Employees
- 16,000
- CEO
- Mr. Robert Scott Rowe
- Phone
- 972 443 6500
- Website
- www.flowserve.com
- Investor relations
- phx.corporate-ir.net/phoenix.zhtml?c=79032&p=irol-IRHome
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