Formula One Group (FWONK)
Formula One Max Pain By Strike
FWONK trades at $101.84, pinned near the near-term max pain of $100 expiring Sep 19, 2025 (10 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.
Formula One Max Pain By Expiry
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 101.84 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 | 100 | -1.84 (-1.81%) |
| Oct 17, 2025 | 100 | -1.84 (-1.81%) |
| Nov 21, 2025 | 95 | -6.84 (-6.72%) |
| Feb 20, 2026 | 90 | -11.84 (-11.63%) |