(FELV)

FELV trades at $33.1, 22.6% above the near-term max pain of $27 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($27-$27), indicating stable market expectations. Key magnetic zone at 27 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FELV shows stable levels around 27.00, reflecting balanced market expectations. The 0% spread suggests strong consensus on fair value. Most levels below 33.1 may cap rallies. Strong magnetic level at 27 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.