(FENY)
Max Pain By Strike
FENY trades at $23.61, 24.3% above the near-term max pain of $19 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($19-$420), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for FENY shows a downward trend from 420 to 19, indicating bearish sentiment or hedging activity. The 400% spread signals divergent expectations across timeframes. Most levels below 23.61 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 | 19 | -4.61 (-19.51%) |
| Oct 17, 2025 | 20 | -3.61 (-15.27%) |
| Dec 19, 2025 | 22 | -1.61 (-6.80%) |
| Jan 16, 2026 | 420 | 396.39 (1679.28%) |
| Mar 20, 2026 | 20 | -3.61 (-15.27%) |