Fennec Pharmaceuticals In... (FENC)

FENC trades at $9.88, 97.6% above the near-term max pain of $5 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($5-$10), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FENC shows a downward trend from 10 to 5, indicating bearish sentiment or hedging activity. The 73% spread signals divergent expectations across timeframes. Most levels below 9.88 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.