(FBL)

FBL trades at $45.42, 16.5% above the near-term max pain of $39 expiring Sep 19, 2025 (15 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($34-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FBL shows a downward trend from 95 to 34, indicating bearish sentiment or hedging activity. The 123% spread signals divergent expectations across timeframes. Most levels below 45.42 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.