Farmers & Merchants Banco... (FMAO)
Farmers & Merchants Bancorp Max Pain By Strike
FMAO trades at $25.24, 101.9% above the near-term max pain of $12.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Farmers & Merchants Bancorp Max Pain By Expiry
Max pain for FMAO shows a downward trend from 95 to 12.5, indicating bearish sentiment or hedging activity. The 275% spread signals divergent expectations across timeframes. Most levels below 25.24 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 | 12.5 | -12.74 (-50.48%) |
| Oct 17, 2025 | 12.5 | -12.74 (-50.48%) |
| Dec 19, 2025 | 15 | -10.24 (-40.57%) |
| Jan 16, 2026 | 95 | 69.76 (276.39%) |
| Mar 20, 2026 | 15 | -10.24 (-40.57%) |