Forward Air Corporation (FWRD)

FWRD trades at $23.43, 6.3% below the near-term max pain of $25 expiring Oct 17, 2025 (12 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($12.5-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FWRD shows an upward trend from 12.5 to 25, suggesting bullish positioning in longer-dated options. The 55% spread signals divergent expectations across timeframes. Most levels above 23.43 could support dips. Strong magnetic level at 25 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.