Frontline Ltd. (FRO)

FRO trades at $23.09, 10.0% above the near-term max pain of $21 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($13-$22), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FRO shows a downward trend from 22 to 13, indicating bearish sentiment or hedging activity. The 47% spread signals divergent expectations across timeframes. Most levels below 23.09 may cap rallies. Strong magnetic level at 20 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.