Diamondback Energy Inc. (FANG)
Diamondback Energy Max Pain By Strike
FANG trades at $139.08, pinned near the near-term max pain of $140 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($140-$165.31), signaling increased put positioning or downside protection. Key magnetic zone at 140 where 4 expirations converge.
Diamondback Energy Max Pain By Expiry
Max pain for FANG shows a downward trend from 165.31 to 140, indicating bearish sentiment or hedging activity. The 17% spread signals divergent expectations across timeframes. Most levels above 139.08 could support dips. Strong magnetic level at 140 (4 expirations). 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 |
|---|---|---|
| Aug 22, 2025 | 140 | 0.92 (0.66%) |
| Aug 29, 2025 | 142 | 2.92 (2.10%) |
| Sep 19, 2025 | 140 | 0.92 (0.66%) |
| Oct 17, 2025 | 140 | 0.92 (0.66%) |
| Dec 19, 2025 | 145 | 5.92 (4.26%) |
| Jan 16, 2026 | 165.31 | 26.23 (18.86%) |
| Mar 20, 2026 | 150 | 10.92 (7.85%) |
| Jun 18, 2026 | 155 | 15.92 (11.45%) |
| Sep 18, 2026 | 140 | 0.92 (0.66%) |
| Jan 15, 2027 | 160 | 20.92 (15.04%) |