FIDELITY MSCI ENERGY INDE... (FENY)
FIDELITY MSCI ENERGY INDEX ETF Max Pain By Strike
FENY trades at $24.8, 3.3% above the near-term max pain of $24 expiring Oct 17, 2025 (10 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$420), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
FIDELITY MSCI ENERGY INDEX ETF Max Pain By Expiry
Max pain for FENY shows a downward trend from 420 to 20, indicating bearish sentiment or hedging activity. The 394% spread signals divergent expectations across timeframes. Most levels below 24.8 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 |
|---|---|---|
| Oct 17, 2025 | 24 | n/a (n/a) |
| Nov 21, 2025 | 21 | n/a (n/a) |
| Dec 19, 2025 | 22 | n/a (n/a) |
| Jan 16, 2026 | 420 | n/a (n/a) |
| Mar 20, 2026 | 20 | n/a (n/a) |