(FNY)
Max Pain By Strike
FNY trades at $86.72, 11.2% above the near-term max pain of $78 expiring Sep 19, 2025 (17 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($63-$80), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for FNY shows a downward trend from 80 to 63, indicating bearish sentiment or hedging activity. The 23% spread signals divergent expectations across timeframes. Most levels below 86.72 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 | 78 | -8.72 (-10.06%) |
| Oct 17, 2025 | 63 | -23.72 (-27.36%) |
| Jan 16, 2026 | 75 | -11.72 (-13.52%) |
| Apr 17, 2026 | 80 | -6.72 (-7.75%) |