Formula One Group (FWONA)

FWONA trades at $94.97, 26.6% above the near-term max pain of $75 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($45-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FWONA shows a downward trend from 95 to 45, indicating bearish sentiment or hedging activity. The 66% spread signals divergent expectations across timeframes. Most levels below 94.97 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.