(FAN)
Max Pain By Strike
FAN trades at $18.65, 3.6% above the near-term max pain of $18 expiring Sep 19, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($16-$18), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 3 expirations converge.
Max Pain By Expiry
Max pain for FAN shows a downward trend from 18 to 16, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Most levels below 18.65 may cap rallies. Strong magnetic level at 18 (3 expirations). 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 | 18 | -0.65 (-3.49%) |
| Oct 17, 2025 | 18 | -0.65 (-3.49%) |
| Dec 19, 2025 | 16 | -2.65 (-14.21%) |
| Mar 20, 2026 | 18 | -0.65 (-3.49%) |