Fennec Pharmaceuticals In... (FENC)
Fennec Pharmaceuticals Max Pain By Strike
FENC trades at $8.39, 235.6% above the near-term max pain of $2.5 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Fennec Pharmaceuticals Max Pain By Expiry
Max pain for FENC shows a downward trend from 7.5 to 2.5, indicating bearish sentiment or hedging activity. The 114% spread signals divergent expectations across timeframes. Most levels below 8.39 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 | 2.5 | -5.89 (-70.20%) |
| Oct 17, 2025 | 2.5 | -5.89 (-70.20%) |
| Nov 21, 2025 | 5 | -3.39 (-40.41%) |
| Feb 20, 2026 | 7.5 | -0.89 (-10.61%) |