Schwab Fundamental U.S. S... (FNDA)

FNDA trades at $31.43, 16.4% above the near-term max pain of $27 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($21-$28), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FNDA shows a downward trend from 28 to 21, indicating bearish sentiment or hedging activity. The 28% spread signals divergent expectations across timeframes. Most levels below 31.43 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.