Fabrinet (FN)

FN trades at $326.05, 8.7% above the near-term max pain of $300 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($220-$490), signaling increased put positioning or downside protection. Key magnetic zone at 250 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FN shows a downward trend from 490 to 220, indicating bearish sentiment or hedging activity. The 89% spread signals divergent expectations across timeframes. Most levels below 326.05 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.