Farmers & Merchants Banco... (FMAO)

FMAO trades at $24.52, 96.2% above the near-term max pain of $12.5 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FMAO shows a downward trend from 95 to 12.5, indicating bearish sentiment or hedging activity. The 305% spread signals divergent expectations across timeframes. Most levels below 24.52 may cap rallies. Strong magnetic level at 13 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.