Diamondback Energy Inc. (FANG)

FANG trades at $148.25, 5.9% above the near-term max pain of $140 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($100-$160), signaling increased put positioning or downside protection. Key magnetic zone at 140 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FANG shows a downward trend from 160 to 100, indicating bearish sentiment or hedging activity. The 42% spread signals divergent expectations across timeframes. Levels distributed around 148.25. Strong magnetic level at 140 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.