(FXD)
Max Pain By Strike
FXD trades at $70.16, 7.9% above the near-term max pain of $65 expiring Sep 19, 2025 (7 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($50-$65), 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 FXD shows a downward trend from 65 to 50, indicating bearish sentiment or hedging activity. The 25% spread signals divergent expectations across timeframes. Most levels below 70.16 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 | 65 | -5.16 (-7.35%) |
| Oct 17, 2025 | 63 | -7.16 (-10.21%) |
| Dec 19, 2025 | 50 | -20.16 (-28.73%) |
| Mar 20, 2026 | 61 | -9.16 (-13.06%) |