FIDELITY TOTAL BOND ETF (FBND)
FIDELITY TOTAL BOND ETF Max Pain By Strike
FBND trades at $46.3, pinned near the near-term max pain of $46 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($40-$6284.9), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
FIDELITY TOTAL BOND ETF Max Pain By Expiry
Max pain for FBND shows a downward trend from 6284.9 to 40, indicating bearish sentiment or hedging activity. The 484% spread signals divergent expectations across timeframes. Most levels below 46.3 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Oct 17, 2025 | 46 | n/a (n/a) |
| Nov 21, 2025 | 42 | n/a (n/a) |
| Jan 16, 2026 | 40 | n/a (n/a) |
| Apr 17, 2026 | 41 | n/a (n/a) |
| Jan 23, 2064 | 6284.9 | n/a (n/a) |