Fortuna Silver Mines Inc. (FSM)
Fortuna Silver Mines Max Pain By Strike
FSM trades at $7.2, 44.0% above the near-term max pain of $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 ($2-$7.5), reflecting growing call interest at higher strikes. Key magnetic zone at 5 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Fortuna Silver Mines Max Pain By Expiry
Max pain for FSM shows an upward trend from 2 to 7.5, suggesting bullish positioning in longer-dated options. The 111% spread signals divergent expectations across timeframes. Most levels below 7.2 may cap rallies. Strong magnetic level at 5 (5 expirations). 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 | 5 | -2.20 (-30.56%) |
| Oct 17, 2025 | 7.5 | 0.30 (4.17%) |
| Dec 19, 2025 | 7.5 | 0.30 (4.17%) |
| Jan 16, 2026 | 5 | -2.20 (-30.56%) |
| Mar 20, 2026 | 5 | -2.20 (-30.56%) |
| May 15, 2026 | 2.5 | -4.70 (-65.28%) |
| Aug 21, 2026 | 5 | -2.20 (-30.56%) |
| Nov 20, 2026 | 5 | -2.20 (-30.56%) |
| Jan 15, 2027 | 2 | -5.20 (-72.22%) |