(FNDB)

FNDB trades at $24.8, 7.8% above the near-term max pain of $23 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($17-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FNDB shows a downward trend from 95 to 17, indicating bearish sentiment or hedging activity. The 173% spread signals divergent expectations across timeframes. Levels distributed around 24.8. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.