Fortuna Silver Mines Inc. (FSM)
Fortuna Silver Mines Max Pain By Strike
FSM trades at $7.25, 3.3% below the near-term max pain of $7.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Fortuna Silver Mines Max Pain By Expiry
Max pain for FSM shows a downward trend from 7.5 to 2, indicating bearish sentiment or hedging activity. The 116% spread signals divergent expectations across timeframes. Most levels below 7.25 may cap rallies. Strong magnetic level at 5 (4 expirations). 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 |
|---|---|---|
| Aug 15, 2025 | 7.5 | 0.25 (3.38%) |
| Sep 19, 2025 | 5.5 | -1.75 (-24.19%) |
| Oct 17, 2025 | 2.5 | -4.75 (-65.54%) |
| Dec 19, 2025 | 7.5 | 0.25 (3.38%) |
| Jan 16, 2026 | 5 | -2.25 (-31.08%) |
| Mar 20, 2026 | 5 | -2.25 (-31.08%) |
| May 15, 2026 | 2.5 | -4.75 (-65.54%) |
| Aug 21, 2026 | 5 | -2.25 (-31.08%) |
| Nov 20, 2026 | 5 | -2.25 (-31.08%) |
| Jan 15, 2027 | 2 | -5.25 (-72.43%) |