(FAS)
Max Pain By Strike
FAS trades at $176.45, 8.3% above the near-term max pain of $163 expiring Aug 29, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($80-$169), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for FAS shows an upward trend from 80 to 169, suggesting bullish positioning in longer-dated options. The 64% spread signals divergent expectations across timeframes. Most levels below 176.45 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 |
|---|---|---|
| Aug 29, 2025 | 163 | -13.45 (-7.62%) |
| Sep 5, 2025 | 162 | -14.45 (-8.19%) |
| Sep 12, 2025 | 169 | -7.45 (-4.22%) |
| Sep 19, 2025 | 158 | -18.45 (-10.46%) |
| Sep 26, 2025 | 165 | -11.45 (-6.49%) |
| Oct 3, 2025 | 90 | -86.45 (-48.99%) |
| Oct 17, 2025 | 155 | -21.45 (-12.16%) |
| Jan 16, 2026 | 80 | -96.45 (-54.66%) |
| Apr 17, 2026 | 166 | -10.45 (-5.92%) |
| Dec 18, 2026 | 130 | -46.45 (-26.32%) |
| Jan 15, 2027 | 100 | -76.45 (-43.33%) |