(FAD)

FAD trades at $152.02, 7.1% above the near-term max pain of $142 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($109-$147), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FAD shows a downward trend from 147 to 109, indicating bearish sentiment or hedging activity. The 29% spread signals divergent expectations across timeframes. Most levels below 152.02 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.