FDMO Max Pain
The max pain for Fidelity Momentum Factor ETF (FDMO) options expiring May 21, 2027 (189 DTE) is $82.00.
FDMO Max Pain by Expiry
The Max Pain for all expiration dates of FDMO.
| Expiration | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Nov 20, 2026 7 DTE monthly | 88.00 | -1.01 (-1.13%) |
| Dec 18, 2026 35 DTE monthly | 82.00 | -7.01 (-7.88%) |
| Feb 19, 2027 98 DTE monthly | 88.00 | -1.01 (-1.13%) |
| May 21, 2027 189 DTE monthly | 82.00 | -7.01 (-7.88%) |
FDMO Max Pain FAQ
What is max pain?
Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.
What is FDMO max pain this week?
As of the Nov 11, 2026 close, max pain for FDMO options expiring May 21, 2027 is $82.00. The chart above shows the exact max pain for each expiration date.
Does FDMO trade above or below its max pain?
FDMO closed above its near-term max pain on 5 of the last 20 trading days. On Nov 11, 2026 it closed at $89.70, 1.9% above max pain of $88.07.
How has FDMO max pain changed recently?
Over the last 20 trading days, near-term max pain for FDMO ranged from $88.06 to $97.65. It went from $88.06 on Oct 15, 2026 to $88.07 on Nov 11, 2026. See the FDMO max pain history for a longer view.