Formula One Group (FWONK)

FWONK trades at $104.83, 4.8% above the near-term max pain of $100 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($90-$100), reflecting growing call interest at higher strikes. Key magnetic zone at 100 where 2 expirations converge.

Max pain for FWONK shows an upward trend from 90 to 100, suggesting bullish positioning in longer-dated options. The 10% spread signals divergent expectations across timeframes. Most levels below 104.83 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.