First Horizon Corporation (FHN)
First Horizon Max Pain By Strike
FHN trades at $21.7, pinned near the near-term max pain of $22 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($15-$22), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
First Horizon Max Pain By Expiry
Max pain for FHN shows an upward trend from 15 to 22, suggesting bullish positioning in longer-dated options. The 36% spread signals divergent expectations across timeframes. Most levels below 21.7 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 |
|---|---|---|
| Sep 19, 2025 | 22 | 0.30 (1.36%) |
| Oct 17, 2025 | 20 | -1.70 (-7.86%) |
| Nov 21, 2025 | 21 | -0.70 (-3.25%) |
| Jan 16, 2026 | 15 | -6.70 (-30.89%) |
| Feb 20, 2026 | 20 | -1.70 (-7.86%) |