Farmers & Merchants Banco... (FMAO)
Farmers & Merchants Bancorp Max Pain By Strike
FMAO trades at $26.18, 4.7% above the near-term max pain of $25 expiring Sep 19, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Farmers & Merchants Bancorp Max Pain By Expiry
Max pain for FMAO shows a downward trend from 95 to 12.5, indicating bearish sentiment or hedging activity. The 254% spread signals divergent expectations across timeframes. Most levels below 26.18 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 | 25 | -1.18 (-4.51%) |
| Oct 17, 2025 | 12.5 | -13.68 (-52.25%) |
| Dec 19, 2025 | 15 | -11.18 (-42.70%) |
| Jan 16, 2026 | 95 | 68.82 (262.87%) |
| Mar 20, 2026 | 15 | -11.18 (-42.70%) |