Franco-Nevada Corporation (FNV)
Franco-Nevada Max Pain By Strike
FNV trades at $177.02, 10.6% above the near-term max pain of $160 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($120-$165), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Franco-Nevada Max Pain By Expiry
Max pain for FNV shows an upward trend from 120 to 165, suggesting bullish positioning in longer-dated options. The 31% spread signals divergent expectations across timeframes. Most levels below 177.02 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 | 160 | -17.02 (-9.61%) |
| Oct 17, 2025 | 165 | -12.02 (-6.79%) |
| Nov 21, 2025 | 155 | -22.02 (-12.44%) |
| Jan 16, 2026 | 135 | -42.02 (-23.74%) |
| Apr 17, 2026 | 120 | -57.02 (-32.21%) |
| Jan 15, 2027 | 140 | -37.02 (-20.91%) |