(FNDC)
Max Pain By Strike
FNDC trades at $44.48, 20.2% above the near-term max pain of $37 expiring Sep 19, 2025 (27 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($36-$75), signaling increased put positioning or downside protection. Key magnetic zone at 36 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for FNDC shows a downward trend from 75 to 36, indicating bearish sentiment or hedging activity. The 87% spread signals divergent expectations across timeframes. Most levels below 44.48 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 | 37 | -7.48 (-16.82%) |
| Oct 17, 2025 | 39 | -5.48 (-12.32%) |
| Nov 21, 2025 | 36 | -8.48 (-19.06%) |
| Dec 19, 2025 | 75 | 30.52 (68.62%) |
| Feb 20, 2026 | 36 | -8.48 (-19.06%) |