FirstEnergy Corp. (FE)
FirstEnergy Max Pain By Strike
FE trades at $43.62, 3.9% above the near-term max pain of $42 expiring Sep 19, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($37-$45), reflecting growing call interest at higher strikes. Key magnetic zone at 42 where 3 expirations converge.
FirstEnergy Max Pain By Expiry
Max pain for FE shows an upward trend from 37 to 45, suggesting bullish positioning in longer-dated options. The 19% spread signals divergent expectations across timeframes. Most levels below 43.62 may cap rallies. Strong magnetic level at 42 (3 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 |
|---|---|---|
| Sep 19, 2025 | 42 | -1.62 (-3.71%) |
| Oct 17, 2025 | 43 | -0.62 (-1.42%) |
| Dec 19, 2025 | 42 | -1.62 (-3.71%) |
| Jan 16, 2026 | 40 | -3.62 (-8.30%) |
| Mar 20, 2026 | 45 | 1.38 (3.16%) |
| Apr 17, 2026 | 39 | -4.62 (-10.59%) |
| Jun 18, 2026 | 37 | -6.62 (-15.18%) |
| Sep 18, 2026 | 42 | -1.62 (-3.71%) |
| Jan 15, 2027 | 40 | -3.62 (-8.30%) |