(FAD)
Max Pain By Strike
FAD trades at $158.76, 11.8% above the near-term max pain of $142 expiring Sep 19, 2025 (6 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 By Expiry
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 158.76 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 | 142 | -16.76 (-10.56%) |
| Oct 17, 2025 | 109 | -49.76 (-31.34%) |
| Jan 16, 2026 | 134 | -24.76 (-15.60%) |
| Apr 17, 2026 | 147 | -11.76 (-7.41%) |