Direxion Daily NYSE FANG+... (FNGG)
Direxion Daily NYSE FANG+ Bull 2X Shares Max Pain By Strike
FNGG trades at $222.94, 6.2% above the near-term max pain of $210 expiring Sep 19, 2025 (16 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($150-$210), reflecting growing call interest at higher strikes. Key magnetic zone at 200 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Direxion Daily NYSE FANG+ Bull 2X Shares Max Pain By Expiry
Max pain for FNGG shows an upward trend from 150 to 210, suggesting bullish positioning in longer-dated options. The 32% spread signals divergent expectations across timeframes. Most levels below 222.94 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 |
|---|---|---|
| Sep 19, 2025 | 210 | -12.94 (-5.80%) |
| Oct 17, 2025 | 200 | -22.94 (-10.29%) |
| Jan 16, 2026 | 200 | -22.94 (-10.29%) |
| Apr 17, 2026 | 150 | -72.94 (-32.72%) |