First Bancorp (FBNC)

FBNC trades at $52.31, 109.2% above the near-term max pain of $25 expiring Oct 17, 2025 (12 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.

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 52.31 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.