First Mid Bancshares Inc. (FMBH)
First Mid Bancshares Max Pain By Strike
FMBH trades at $40.12, 100.6% above the near-term max pain of $20 expiring Sep 19, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$40), 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.
First Mid Bancshares Max Pain By Expiry
Max pain for FMBH shows a downward trend from 40 to 20, indicating bearish sentiment or hedging activity. The 70% spread signals divergent expectations across timeframes. Most levels below 40.12 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 | 20 | -20.12 (-50.15%) |
| Oct 17, 2025 | 40 | -0.12 (-0.30%) |
| Jan 16, 2026 | 20 | -20.12 (-50.15%) |
| Apr 17, 2026 | 35 | -5.12 (-12.76%) |