Fresenius Medical Care AG... (FMS)
Fresenius Medical Care & KGaA Max Pain By Strike
FMS trades at $24.84, 10.4% above the near-term max pain of $22.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($17.5-$22.5), 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.
Fresenius Medical Care & KGaA Max Pain By Expiry
Max pain for FMS shows an upward trend from 17.5 to 22.5, suggesting bullish positioning in longer-dated options. The 25% spread signals divergent expectations across timeframes. Most levels below 24.84 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 | 22.5 | -2.34 (-9.40%) |
| Oct 17, 2025 | 20 | -4.84 (-19.47%) |
| Jan 16, 2026 | 20 | -4.84 (-19.47%) |
| Apr 17, 2026 | 17.5 | -7.34 (-29.53%) |