Formula One Group (FWONK)
Formula One Max Pain By Strike
FWONK trades at $102.94, 2.9% above the near-term max pain of $100 expiring Sep 19, 2025 (26 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($95-$100), indicating stable market expectations. Key magnetic zone at 100 where 3 expirations converge.
Formula One Max Pain By Expiry
Max pain for FWONK shows stable levels around 98.75, reflecting balanced market expectations. The 5% spread suggests strong consensus on fair value. Most levels below 102.94 may cap rallies. Strong magnetic level at 100 (3 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 | 100 | -2.94 (-2.86%) |
| Oct 17, 2025 | 100 | -2.94 (-2.86%) |
| Nov 21, 2025 | 95 | -7.94 (-7.71%) |
| Feb 20, 2026 | 100 | -2.94 (-2.86%) |