(FTXL)
Max Pain By Strike
FTXL trades at $101.15, 44.5% above the near-term max pain of $70 expiring Sep 19, 2025 (10 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($60-$92), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for FTXL shows a downward trend from 92 to 60, indicating bearish sentiment or hedging activity. The 41% spread signals divergent expectations across timeframes. Most levels below 101.15 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 | 70 | -31.15 (-30.80%) |
| Oct 17, 2025 | 92 | -9.15 (-9.05%) |
| Dec 19, 2025 | 60 | -41.15 (-40.68%) |
| Mar 20, 2026 | 90 | -11.15 (-11.02%) |