First Bancorp (FBNC)
First Bancorp Max Pain By Strike
FBNC trades at $54.97, 9.9% above the near-term max pain of $50 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$50), reflecting growing call interest at higher strikes. Key magnetic zone at 50 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
First Bancorp Max Pain By Expiry
Max pain for FBNC shows an upward trend from 8 to 50, suggesting bullish positioning in longer-dated options. The 121% spread signals divergent expectations across timeframes. Most levels below 54.97 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 | 50 | -4.97 (-9.04%) |
| Oct 17, 2025 | 25 | -29.97 (-54.52%) |
| Dec 19, 2025 | 40 | -14.97 (-27.23%) |
| Jan 16, 2026 | 8 | -46.97 (-85.45%) |
| Mar 20, 2026 | 50 | -4.97 (-9.04%) |