FIDELITY MSCI INDUSTRIALS... (FIDU)

FIDU trades at $82.69, 8.8% above the near-term max pain of $76 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($58-$77), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FIDU shows a downward trend from 77 to 58, indicating bearish sentiment or hedging activity. The 27% spread signals divergent expectations across timeframes. Most levels below 82.69 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.